1. A Note on Concentration and Checking Account Prices.
- Author
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OSBORNE, D. K. and WENDEL, JEANNE
- Subjects
BANKING research ,CHECKING accounts ,BANK deposits ,FINANCE ,OVERDRAFTS ,PAYMENT systems ,BANK management ,PRICES ,REGRESSION analysis ,MARKET prices ,BANK locations ,BANKING industry & economics - Abstract
A recent survey (Rhoades, 1977b) of Structure-Conduct-Performance studies in banking lists twelve studies of the effect of concentration on checking-account prices. All twelve rely on proxies for price instead of actual price. Here we evaluate this practice by comparing the three most widely used proxies with the prices actually charged by a sample of 154 Texas banks. [ABSTRACT FROM AUTHOR]
- Published
- 1981
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