The Effect of Removing Geographic Restrictions on Banking in the United States: Lessons for Europe

Randall S. Kroszner

Financial Markets, Institutions & Instruments, 2008, vol. 17, issue 1, 5-18

Abstract: In this paper the author argues that cross‐border, intra‐European bank mergers are likely to generate benefits similar to those enjoyed in the United States when interstate banking restrictions were removed. These benefits include greater banking efficiency, higher economic and employment growth, more entrepreneurial activity, and reduced economic volatility.

Date: 2008
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https://doi.org/10.1111/j.1468-0416.2007.00128.x

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Persistent link: https://EconPapers.repec.org/RePEc:wly:finmar:v:17:y:2008:i:1:p:5-18

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