Is the market well defined in bank merger and acquisition analysis?

Article Abstract:

A study was conducted to examine the geographic markets for banking services and to determine whether the definition of banking 'product' to include all services is too encompassing. The study develops a rational distributed lag model to predict bank pricing behavior. The model integrates dummy variables to evaluate prices across geographic markets. Results show that small six-month certificates of deposit must be considered as a distinct banking service.

Commercial Banks, Banking industry, Services, Bank mergers

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The price-concentration relationship in banking: a reply

Article Abstract:

William E. Jackson III's analysis and comment is extended to make an assessment of the relationship between the Money Market Deposit Account and concentration. It is shown that the price-concentration relationship for retail deposit rates is negative and that the price-concentration relationship changes over time.

Interest rates

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The price-concentration relationship in banking: a comment

Article Abstract:

The use of price data to test the traditional structure-performance hypothesis by Allen N. Berger and Timothy H. Hannan is evaluated. It is suggested that examination of the relevant range for estimated relationships should also be included in their analysis.

Bank marketing

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