Bank Mergers and Deposit Rate Rigidity
DC Element | Wert | Sprache |
---|---|---|
dc.contributor.author | Dinger, Valeriya | |
dc.date.accessioned | 2021-12-23T16:07:47Z | - |
dc.date.available | 2021-12-23T16:07:47Z | - |
dc.date.issued | 2015 | |
dc.identifier.issn | 09208550 | |
dc.identifier.uri | https://osnascholar.ub.uni-osnabrueck.de/handle/unios/8059 | - |
dc.description.abstract | In this paper, I empirically explore the relation between bank mergers and the rigidity of banks' deposit rates. I find that merging banks are more likely to change their deposit rates in the first months following a merger. However, in the long term, merging banks change their deposit rates less frequently than non-merging banks. This finding is particularly true after mergers with large target banks and after mergers with a substantial geographical expansion of the bank's operations. The documented post-merger deposit rate rigidity has important implications for the evaluation of merger effects in the context of anti-trust and monetary policies. | |
dc.description.sponsorship | Deutsche ForschungsgemeinschaftGerman Research Foundation (DFG) [DI 1426/2-1]; The empirical analysis presented in this paper was performed during my visit at the Federal Reserve Bank of Cleveland. I thank Ben R. Craig for sharing insights and data. I also thank James Thomson and Jurgen von Hagen for useful comments on earlier versions. Financial support by the Deutsche Forschungsgemeinschaft (Research Grant DI 1426/2-1) is gratefully acknowledged. | |
dc.language.iso | en | |
dc.publisher | SPRINGER | |
dc.relation.ispartof | JOURNAL OF FINANCIAL SERVICES RESEARCH | |
dc.subject | Bank market structure | |
dc.subject | Bank mergers | |
dc.subject | Business & Economics | |
dc.subject | Business, Finance | |
dc.subject | COMPETITION | |
dc.subject | Hazard rate | |
dc.subject | INDUSTRY | |
dc.subject | Interest rate dynamics | |
dc.subject | LOAN | |
dc.subject | MARKET | |
dc.subject | PRICES | |
dc.subject | TRANSMISSION | |
dc.title | Bank Mergers and Deposit Rate Rigidity | |
dc.type | journal article | |
dc.identifier.doi | 10.1007/s10693-013-0182-2 | |
dc.identifier.isi | ISI:000348977400002 | |
dc.description.volume | 47 | |
dc.description.issue | 1 | |
dc.description.startpage | 27 | |
dc.description.endpage | 56 | |
dc.contributor.researcherid | E-3873-2017 | |
dc.identifier.eissn | 15730735 | |
dc.publisher.place | 233 SPRING ST, NEW YORK, NY 10013 USA | |
dcterms.isPartOf.abbreviation | J. Financ. Serv. Res. | |
crisitem.author.dept | FB 09 - Wirtschaftswissenschaften | - |
crisitem.author.deptid | fb09 | - |
crisitem.author.orcid | 0000-0001-8481-6047 | - |
crisitem.author.parentorg | Universität Osnabrück | - |
crisitem.author.netid | DiVa267 | - |
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geprüft am 15.05.2024