Multimarket bank pricing
Subtitle: an empirical investigation of deposit interest rates
By: Timothy H. Hannan and Robin A. Prager.
Contributors: Prager, Robin A.
Series: Finance and economics discussion series ;; 2004-38; Finance and economics discussion series (Online) ;; 2004-38.
Publisher: Federal Reserve Board
Published: 2004
Place of publication: Washington, D.C
Language: eng
Format: Electronic resource
Description: "In recent years, the number of large, geographically diversified banking organizations operating in the U.S.  has grown.  Empirical studies have found that, at least in the case of deposit interest rates, many of these banks offer the same rate for a given type of account throughout a state, or, in some cases, a broader geographical area.  This phenomenon of uniform pricing raises questions as to what competitive factors are relevant in explaining the deposit interest rates offered by large multimarket banks.  In this paper, we provide empirical evidence regarding the determinants of the deposit interest rates offered by these banking organizations"--Federal Reserve Board web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 7/9/2004.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.