WHO COMPETES WITH WHOM? THE CASE OF DEPOSITORY INSTITUTIONS*

Robert M. Adams, Kenneth Brevoort and Elizabeth K. Kiser

Journal of Industrial Economics, 2007, vol. 55, issue 1, 141-167

Abstract: The willingness of consumers to substitute between banks and thrifts and between multimarket and single‐market institutions is of strong interest to policymakers, yet little empirical work exists in this area. We estimate a structural model of consumer choice of depository institutions using a broadly representative panel data set covering the U.S. from 1990–2001. Using a flexible framework, we uncover utility parameters that affect a consumer's institution choice and measure the degree of market segmentation for two institutional subgroups. Our estimated parameters, elasticities and policy experiments suggest limited substitutability between banks and thrifts and between multimarket and single‐market institutions, especially in urban markets.

Date: 2007
References: View complete reference list from CitEc
Citations: View citations in EconPapers (60)

Downloads: (external link)
https://doi.org/10.1111/j.1467-6451.2007.00306.x

Related works:
Working Paper: Who competes with whom? the case of depository institutions (2005)
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:bla:jindec:v:55:y:2007:i:1:p:141-167

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0022-1821

Access Statistics for this article

Journal of Industrial Economics is currently edited by Pierre Regibeau, Yeon-Koo Che, Kenneth Corts, Thomas Hubbard, Patrick Legros and Frank Verboven

More articles in Journal of Industrial Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().