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Creator: Roberds, William Series: Working paper (Federal Reserve Bank of Minneapolis. Research Department) Number: 264 Abstract:
A popular method of investigating the market effects of multibank holding company (MBHC) affiliation involves regression of banks' local market share on a dummy variable for MBHC affiliation. The usefulness of this procedure is called into question by means of a theoretical counterexample.
Palavra-chave: Nonprice competition, Bank holding company, Bank merger, and Multibank holding companies Sujeito: G21 - Banks; Depository Institutions; Micro Finance Institutions; Mortgages and D40 - Market Structure, Pricing, and Design: General