Finance and Economics Discussion Series: The Effects of Competition from Large, Multimarket Firms on the Performance of Small, Single-Market Firms: Ev by Allen N. Berger

Finance and Economics Discussion Series: The Effects of Competition from Large, Multimarket Firms on the Performance of Small, Single-Market Firms: Ev

Allen N. Berger

42 pages • missing pub info (editions)

nonfiction politics challenging informative reflective medium-paced
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Description

We offer and test two competing hypotheses for the consolidation trend in banking using U.S. banking industry data over the period 1982-2000. Under the efficiency hypothesis, technological progress improved the performance of large, multimarket fi...

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