Mergers, branch consolidation and financial exclusion in the US bank market
Joan Calzada,
Xavier Fageda and
Fernando Martínez-Santos
No 2019/397, UB School of Economics Working Papers from University of Barcelona School of Economics
Abstract:
We analyze the role of bank mergers as determinants of the evolution of branch presence at the county level. Panel regressions based on county-level branch density are used to study differences across urban versus rural counties as well as pre- and post-crisis. The results indicate that bank mergers contributed to the increase of branches in the pre-crisis period and to its reduction in the post-crisis period, but the expansion effect of the mergers before the crisis mainly took place in metropolitan counties. Additional results show that broadband penetration has contributed to the reduction in the number of branches after the crisis and that branch closures are associated with an increase in the share of unbanked and underbanked households at the county level.
Keywords: Bank branches; Mergers; Competition; Broadband; Financial Exclusion; United States. (search for similar items in EconPapers)
JEL-codes: G21 G34 G38 L16 L22 (search for similar items in EconPapers)
Pages: 49 pages
Date: 2019
New Economics Papers: this item is included in nep-ban, nep-cfn, nep-fdg and nep-ict
References: Add references at CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
http://hdl.handle.net/2445/146681
Our link check indicates that this URL is bad, the error code is: 500 read timeout (http://hdl.handle.net/2445/146681 [302 Found]--> https://diposit.ub.edu/dspace/handle/2445/146681)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ewp:wpaper:397web
Access Statistics for this paper
More papers in UB School of Economics Working Papers from University of Barcelona School of Economics Av. Diagonal 690, 08034 Barcelona. Contact information at EDIRC.
Bibliographic data for series maintained by University of Barcelona School of Economics ().