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THE PRICING OF BANK DEPOSITS: A THEORETICAL AND EMPIRICAL ANALYSIS.

Authors :
Klein, Michael A.
Murphy, Neil B.
Source :
Journal of Financial & Quantitative Analysis; Mar1971, Vol. 6 Issue 2, p747-761, 15p
Publication Year :
1971

Abstract

The article presents a banking firm model which extends previous research on local bank market structure and impacts on its performance, incorporating market structure, competition, and bank demand deposit pricing policies. Questions are also raised regarding the significance of regulatory restrictions on the model. Empirical support is also provided, highlighting the problem of zero explicit yield restrictions on demand deposits.

Details

Language :
English
ISSN :
00221090
Volume :
6
Issue :
2
Database :
Complementary Index
Journal :
Journal of Financial & Quantitative Analysis
Publication Type :
Academic Journal
Accession number :
5722369
Full Text :
https://doi.org/10.2307/2329710