Has antitrust policy in banking become obsolete?

Katerina Simons and Joanna Stavins

New England Economic Review, 1998, issue Mar, 13-26

Abstract: The authors analyze the effect of bank mergers on deposit interest rates, using data on banks responding to the Federal Reserve's Monthly Survey of Selected Deposits over an 11-year period. Their results suggest that banks exercise market power in pricing money market deposits and CD's in their local markets.

Keywords: Antitrust law; Bank mergers; Interest rates (search for similar items in EconPapers)
Date: 1998
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