The evolution of competitive conditions in the US banking sector

Κωνσταντίνος  Δράκος

The evolution of competitive conditions in the US banking sector

Authors

Κωνσταντίνος Δράκος

Keywords:

Banking, Market Structure, Monetary Policy

Abstract

In this paper competitive conditions in the US banking sector are studied on the basis of a comprehensive State-level dataset for 1966-2000. Our findings are twofold. First, we empirically document that throughout the period studied the US banking sector's behaviour is consistent with a monopolistically competitive market structure. Second, the evolution of the market reveals that competitive conditions in the 90's have considerably weakened.

JEL Classification: C33, D43, G21

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Published

12-06-2004

How to Cite

Δράκος Κ. (2004). The evolution of competitive conditions in the US banking sector. SPOUDAI Journal of Economics and Business, 54(2), 44–58. Retrieved from http://spoudai.org/index.php/journal/article/view/418

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Issue

Vol. 54 No. 2 (2004): Vol 54, No 2 (2004)

Section

Articles

License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.