Bank Deposit Rate Clustering: Theory and Empirical Evidence
نویسندگان
چکیده
منابع مشابه
The Benefits of Bank Deposit Rate Ceilings: New Evidence on Bank Rates and Risk in the 1920s
For most ofthe last 50 years, to promote a safe banking system, the U.S. Congress has imposed interest rate ceilings on bank deposits. Federal legislation passed in the wake of the 1930s banking crisis prohibited banks from paying any interest on checking accounts and authorized the Federal Reserve Board of Governors to set upper limits on the rates banks could offer on time and savings account...
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ژورنال
عنوان ژورنال: The Journal of Finance
سال: 1999
ISSN: 0022-1082
DOI: 10.1111/0022-1082.00185