메뉴 건너뛰기




Volumn 39, Issue 2, 1996, Pages 667-704

The political economy of branching restrictions and deposit insurance: A model of monopolistic competition among small and large banks

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0030525134     PISSN: 00222186     EISSN: None     Source Type: Journal    
DOI: 10.1086/467362     Document Type: Article
Times cited : (74)

References (67)
  • 1
    • 0004256650 scopus 로고
    • New York: American Bankers Association
    • American Bankers Association. The Guaranty of Bank Deposits. New York: American Bankers Association, 1933.
    • (1933) The Guaranty of Bank Deposits
  • 3
    • 0011602392 scopus 로고
    • Bank suspensions, 1921-1936
    • September
    • "Bank Suspensions, 1921-1936." Federal Reserve Bulletin 23 (September 1937): 896.
    • (1937) Federal Reserve Bulletin , vol.23 , pp. 896
  • 5
    • 0001618495 scopus 로고
    • A theory of competition among pressure groups for political influence
    • August
    • Becker, Gary S. "A Theory of Competition among Pressure Groups for Political Influence." Quarterly Journal of Economics 98 (August 1983): 371-40.
    • (1983) Quarterly Journal of Economics , vol.98 , pp. 371-440
    • Becker, G.S.1
  • 6
    • 0011615867 scopus 로고
    • Branch banking developments in 1926
    • May
    • Board of Governors of the Federal Reserve System. "Branch Banking Developments in 1926." Federal Reserve Bulletin (May 1927): 315-18
    • (1927) Federal Reserve Bulletin , pp. 315-318
  • 8
    • 45949128596 scopus 로고
    • Financial intermediary coalitions
    • April
    • Boyd James, and Prescott, Edward. "Financial Intermediary Coalitions." Journal of Economic Theory 38 (April 1986): 211-32.
    • (1986) Journal of Economic Theory , vol.38 , pp. 211-232
    • Boyd, J.1    Prescott, E.2
  • 10
    • 12444261339 scopus 로고
    • A model of reserves, bank runs, and deposit insurance
    • December
    • Bryant, John. "A Model of Reserves, Bank Runs, and Deposit Insurance." Journal of Banking and Finance 4 (December 1980): 335-44.
    • (1980) Journal of Banking and Finance , vol.4 , pp. 335-344
    • Bryant, J.1
  • 11
    • 0002154557 scopus 로고
    • Regulation, industrial structure, and instability in U.S. banking: An historical perspective
    • edited by Michael Klausner and Lawrence J. White. Homewood, Ill.: Business One Irwin
    • Calomiris, Charles W. "Regulation, Industrial Structure, and Instability in U.S. Banking: An Historical Perspective." In Structural Change in Banking, edited by Michael Klausner and Lawrence J. White. Homewood, Ill.: Business One Irwin, 1993.
    • (1993) Structural Change in Banking
    • Calomiris, C.W.1
  • 12
    • 0002232313 scopus 로고
    • The origins of banking panics: Models, facts and bank regulation
    • edited by R. Glenn Hubbard. Chicago: University of Chicago Press
    • Calomiris, Charles W., and Gorton, Gary. "The Origins of Banking Panics: Models, Facts and Bank Regulation." In Financial Markets and Financial Crises, edited by R. Glenn Hubbard. Chicago: University of Chicago Press, 1991.
    • (1991) Financial Markets and Financial Crises
    • Calomiris, C.W.1    Gorton, G.2
  • 14
    • 0000646935 scopus 로고
    • The role of demandable debt in structuring optimal banking arrangements
    • June
    • Calomiris, Charles W., and Kahn, Charles M. "The Role of Demandable Debt in Structuring Optimal Banking Arrangements." American Economic Review 81 (June 1991): 497-513.
    • (1991) American Economic Review , vol.81 , pp. 497-513
    • Calomiris, C.W.1    Kahn, C.M.2
  • 15
    • 0003222491 scopus 로고
    • The origins of federal deposit insurance
    • edited by Claudia Goldin and Gary D. Libecap. Chicago: University of Chicago
    • Calomiris Charles W., and White, Eugene. "The Origins of Federal Deposit Insurance." In The Regulated Econmy: A Historical Approach to Political Economy, edited by Claudia Goldin and Gary D. Libecap. Chicago: University of Chicago, 1994.
    • (1994) The Regulated Econmy: A Historical Approach to Political Economy
    • Calomiris, C.W.1    White, E.2
  • 16
    • 84977354160 scopus 로고
    • Information production, market signalling, and the theory of intermediation
    • September
    • Campbell, Tim, and Kracaw, William. "Information Production, Market Signalling, and the Theory of Intermediation." Journal of Finance 35 (September 1980): 863-82.
    • (1980) Journal of Finance , vol.35 , pp. 863-882
    • Campbell, T.1    Kracaw, W.2
  • 18
    • 84977722451 scopus 로고
    • Banking panics, information, and rational expectations equilibrium
    • July
    • Chari, V. V., and Jagannathan, Ravi. "Banking Panics, Information, and Rational Expectations Equilibrium." Journal of Finance 43 (July 1988): 749-63.
    • (1988) Journal of Finance , vol.43 , pp. 749-763
    • Chari, V.V.1    Jagannathan, R.2
  • 19
    • 0003820162 scopus 로고
    • Washington, D.C.: Comptroller of the Currency
    • Comptroller of the Currency. Annual Report. Washington, D.C.: Comptroller of the Currency, 1903-22.
    • (1903) Annual Report
  • 21
    • 0001875013 scopus 로고
    • The insurance of bank deposits in the west
    • February
    • Cooke, Thornton. "The Insurance of Bank Deposits in the West." Quarterly Journal of Economics 24 (February 1909): 85-108.
    • (1909) Quarterly Journal of Economics , vol.24 , pp. 85-108
    • Cooke, T.1
  • 22
    • 47749120440 scopus 로고
    • Financial intermediation and delegated monitoring
    • June
    • Diamond, Douglas W. "Financial Intermediation and Delegated Monitoring." Review of Economic Studies 51 (June 1984): 393-414.
    • (1984) Review of Economic Studies , vol.51 , pp. 393-414
    • Diamond, D.W.1
  • 23
    • 84935413182 scopus 로고
    • Monitoring and reputation: The choice between bank loans and directly placed debt
    • June
    • Diamond, Douglas W. "Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt." Journal of Political Economy 99 (June 1991): 689-721.
    • (1991) Journal of Political Economy , vol.99 , pp. 689-721
    • Diamond, D.W.1
  • 24
    • 85010390101 scopus 로고
    • Bank runs, deposit insurance and liquidity
    • June
    • Diamond, Douglas W., and Dybvig, Philip H. "Bank Runs, Deposit Insurance and Liquidity." Journal of Political Economy 91 (June 1983): 401-19.
    • (1983) Journal of Political Economy , vol.91 , pp. 401-419
    • Diamond, D.W.1    Dybvig, P.H.2
  • 25
    • 38249022227 scopus 로고
    • Symmetric equilibrium existence and optimality in differentiated product markets
    • February
    • Economides, Nicholas. "Symmetric Equilibrium Existence and Optimality in Differentiated Product Markets." Journal of Economic Theory 47 (February 1989): 178-94.
    • (1989) Journal of Economic Theory , vol.47 , pp. 178-194
    • Economides, N.1
  • 26
    • 46549102152 scopus 로고
    • What's different about banks?
    • January
    • Fama, Eugene. "What's Different about Banks?" Journal of Monetary Economics 15 (January 1985): 29-36.
    • (1985) Journal of Monetary Economics , vol.15 , pp. 29-36
    • Fama, E.1
  • 27
    • 4244069276 scopus 로고
    • Federal Reserve Committee on Branch, Group, and Chain Banking. Bank Suspensions in the United States, 1892-1931 (1933): 5-67.
    • (1933) Bank Suspensions in the United States , vol.1892-1931 , pp. 5-67
  • 29
    • 0011547915 scopus 로고
    • The great deposit insurance debate
    • July/August
    • Flood, Mark D. "The Great Deposit Insurance Debate." Federal Reserve Bank of St. Louis Review 74 (July/August 1992): 51-77.
    • (1992) Federal Reserve Bank of St. Louis Review , vol.74 , pp. 51-77
    • Flood, M.D.1
  • 30
    • 0011547006 scopus 로고
    • Better credit facilities for our rural communities
    • Gillett, A. D. S. "Better Credit Facilities for Our Rural Communities." Sound Currency 8 (1900): 183-208.
    • (1900) Sound Currency , vol.8 , pp. 183-208
    • Gillett, A.D.S.1
  • 31
    • 0011613352 scopus 로고
    • Peltzman on regulation and politics
    • Goldberg, Victor P. "Peltzman on Regulation and Politics." Public Choice (1982): 291-97.
    • (1982) Public Choice , pp. 291-297
    • Goldberg, V.P.1
  • 32
    • 0011615868 scopus 로고
    • The deposit insurance legislation of 1933: An examination of its antecedents and its purposes
    • June
    • Golembe, Carter H. "The Deposit Insurance Legislation of 1933: An Examination of Its Antecedents and Its Purposes." Political Science Quarterly 39 (June 1960): 181-95.
    • (1960) Political Science Quarterly , vol.39 , pp. 181-195
    • Golembe, C.H.1
  • 34
    • 46549101374 scopus 로고
    • Bank suspension of convertibility
    • March
    • Gorton, Gary. "Bank Suspension of Convertibility." Journal of Monetary Economics 15 (March 1985): 177-93.
    • (1985) Journal of Monetary Economics , vol.15 , pp. 177-193
    • Gorton, G.1
  • 38
    • 0000072575 scopus 로고
    • Executive pay and performance: Evidence from the U.S. banking industry
    • Hubbard, R. Glenn, and Palia, Darius. "Executive Pay and Performance: Evidence from the U.S. Banking Industry." Journal of Financial Econonics 39 (1995): 105-30.
    • (1995) Journal of Financial Econonics , vol.39 , pp. 105-130
    • Hubbard, R.G.1    Palia, D.2
  • 39
    • 0001890633 scopus 로고
    • Demand deposits, trading restrictions and risk sharing
    • edited by Edward C. Prescott and Neil Wallace. Minneapolis: University of Minnesota Press
    • Jacklin, Charles J. "Demand Deposits, Trading Restrictions and Risk Sharing." In Contractual Arrangements for Intertemporal Trade, edited by Edward C. Prescott and Neil Wallace. Minneapolis: University of Minnesota Press, 1987.
    • (1987) Contractual Arrangements for Intertemporal Trade
    • Jacklin, C.J.1
  • 40
    • 84934349172 scopus 로고
    • Distinguishing panics and information based bank runs: Welfare and policy implications
    • June
    • Jacklin, Charles J., and Bhattacharya, Sudipto. "Distinguishing Panics and Information Based Bank Runs: Welfare and Policy Implications." Journal of Political Economy 96 (June 1988): 568-92.
    • (1988) Journal of Political Economy , vol.96 , pp. 568-592
    • Jacklin, C.J.1    Bhattacharya, S.2
  • 42
    • 0011610825 scopus 로고
    • A six-point program for deposit-insurance reform
    • Kane, Edward J. "A Six-Point Program for Deposit-Insurance Reform." Housing Finance Review 2 (1983): 269-78.
    • (1983) Housing Finance Review , vol.2 , pp. 269-278
    • Kane, E.J.1
  • 43
    • 0001862545 scopus 로고
    • Small and large bank views of deposit insurance: Today vs. the 1930s
    • September/October
    • Keeton, William. "Small and Large Bank Views of Deposit Insurance: Today vs. the 1930s." Federal Reserve Bank of Kansas City Economic Review 75 (September/October 1990): 23-35.
    • (1990) Federal Reserve Bank of Kansas City Economic Review , vol.75 , pp. 23-35
    • Keeton, W.1
  • 44
    • 0000119595 scopus 로고
    • Is the glass-steagall act justified? A study of the U.S. experience with universal banking before 1933
    • September
    • Kroszner, Randall, and Rajan, Raghuram. "Is the Glass-Steagall Act Justified? A Study of the U.S. Experience with Universal Banking before 1933." American Economic Review 84 (September 1994): 810-32.
    • (1994) American Economic Review , vol.84 , pp. 810-832
    • Kroszner, R.1    Rajan, R.2
  • 45
    • 0000140435 scopus 로고
    • Information asymmetries, financial structure and financial intermediaries
    • May
    • Leland, Hayne, and Pyle, David. "Information Asymmetries, Financial Structure and Financial Intermediaries." Journal of Finance 32 (May 1977): 371-87.
    • (1977) Journal of Finance , vol.32 , pp. 371-387
    • Leland, H.1    Pyle, D.2
  • 46
    • 0001815972 scopus 로고
    • Capital investment in commercial banking and its relationship to portfolio regulation
    • January-February
    • Peltzman, Sam. "Capital Investment in Commercial Banking and Its Relationship to Portfolio Regulation." Journal of Political Economy 78 (January-February 1970): 1-26.
    • (1970) Journal of Political Economy , vol.78 , pp. 1-26
    • Peltzman, S.1
  • 47
    • 0000420789 scopus 로고
    • Toward a more general theory of regulation
    • April
    • Peltzman, Sam. "Toward a More General Theory of Regulation." Journal of Law and Economics 19 (April 1976): 211-40.
    • (1976) Journal of Law and Economics , vol.19 , pp. 211-240
    • Peltzman, S.1
  • 48
    • 84934350238 scopus 로고
    • Bank runs as an equilibrium phenomenon
    • June
    • Postlewaite, Andrew, and Vives, Xavier. "Bank Runs as an Equilibrium Phenomenon." Journal of Political Economy 95 (June 1987): 485-91.
    • (1987) Journal of Political Economy , vol.95 , pp. 485-491
    • Postlewaite, A.1    Vives, X.2
  • 49
    • 57349098527 scopus 로고
    • Information reliability and a theory of financial intermediation
    • June
    • Ramakrishnan, Ram, and Thakor, Anjan. "Information Reliability and a Theory of Financial Intermediation." Review of Economic Studies 51 (June 1984): 415-32.
    • (1984) Review of Economic Studies , vol.51 , pp. 415-432
    • Ramakrishnan, R.1    Thakor, A.2
  • 51
    • 0001549798 scopus 로고
    • Monopolistic competition with outside goods
    • Autumn
    • Salop, Steven. "Monopolistic Competition with Outside Goods." Bell Journal of Economics 10 (Autumn 1979): 141-56.
    • (1979) Bell Journal of Economics , vol.10 , pp. 141-156
    • Salop, S.1
  • 59
    • 0011547630 scopus 로고
    • U.S. House of Representatives. 73d Congress. Congressional Record (1933): 3838, 5896, 5256.
    • (1933) Congressional Record , pp. 3838
  • 60
    • 0011546171 scopus 로고
    • U.S. Senate. 73d Congress. Congressional Record 78 (1933): 3728-5862.
    • (1933) Congressional Record , vol.78 , pp. 3728-5862
  • 61
    • 0011547917 scopus 로고
    • Regulation-defined financial markets: Fragmentation and integration in financial services
    • edited by Samuel L. Hayes III, Boston: Harvard Business School Press
    • Victor, Richard H. "Regulation-Defined Financial Markets: Fragmentation and Integration in Financial Services." In Wall Street and Regulation, edited by Samuel L. Hayes III, pp. 7-62. Boston: Harvard Business School Press, 1987.
    • (1987) Wall Street and Regulation , pp. 7-62
    • Victor, R.H.1
  • 62
    • 0000735676 scopus 로고
    • Bank runs, the deposit-currency ratio and the interest rate
    • May
    • Waldo, Douglas G. "Bank Runs, the Deposit-Currency Ratio and the Interest Rate." Journal of Monetary Economics 15 (May 1985): 269-77.
    • (1985) Journal of Monetary Economics , vol.15 , pp. 269-277
    • Waldo, D.G.1
  • 64
    • 0011665883 scopus 로고
    • Can deposit insurance increase the risk of bank failure? Some historical evidence
    • May/June
    • Wheelock, David C., and Wilson, Paul W. "Can Deposit Insurance Increase the Risk of Bank Failure? Some Historical Evidence." Federal Reserve Bank of St. Louis Review 76 (May/June 1994): 57-71.
    • (1994) Federal Reserve Bank of St. Louis Review , vol.76 , pp. 57-71
    • Wheelock, D.C.1    Wilson, P.W.2
  • 65
    • 84974224166 scopus 로고
    • State-sponsored insurance of bank deposits in the United States, 1907-1929
    • September
    • White, Eugene N. "State-Sponsored Insurance of Bank Deposits in the United States, 1907-1929." Journal of Economic History 41 (September 1981): 537-57.
    • (1981) Journal of Economic History , vol.41 , pp. 537-557
    • White, E.N.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.