메뉴 건너뛰기




Volumn 22, Issue 1, 2012, Pages 35-54

Bank size, market concentration, and bank earnings volatility in the US

Author keywords

Bank earnings volatility; Bank size; Financial crisis; Market concentration

Indexed keywords


EID: 83355169627     PISSN: 10424431     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.intfin.2011.07.002     Document Type: Article
Times cited : (101)

References (26)
  • 1
    • 83355166507 scopus 로고    scopus 로고
    • Stressed, Not Frozen: The Federal Funds Market in the Financial Crisis
    • Federal Reserve Bank of New York Staff Report no. 437.
    • Afonso, G., Kovner, A., Schoar, A., 2010. Stressed, Not Frozen: The Federal Funds Market in the Financial Crisis. Federal Reserve Bank of New York Staff Report no. 437.
    • (2010)
    • Afonso, G.1    Kovner, A.2    Schoar, A.3
  • 5
    • 16844377675 scopus 로고    scopus 로고
    • Does function follow organizational form? evidence from the lending practices of large and small banks
    • Berger A.N, Miller N.H., Peterson M.A., Rajan R.G., Stein J.C. Does function follow organizational form? evidence from the lending practices of large and small banks. Journal of Financial Economics 2005, 76(2):237-269.
    • (2005) Journal of Financial Economics , vol.76 , Issue.2 , pp. 237-269
    • Berger, A.N.1    Miller, N.H.2    Peterson, M.A.3    Rajan, R.G.4    Stein, J.C.5
  • 6
    • 19944385232 scopus 로고    scopus 로고
    • The theory of bank risk taking and competition revisited
    • Boyd J.H., De Nicolo G. The theory of bank risk taking and competition revisited. Journal of Finance 2005, 60(3):1329-1343.
    • (2005) Journal of Finance , vol.60 , Issue.3 , pp. 1329-1343
    • Boyd, J.H.1    De Nicolo, G.2
  • 7
    • 0002064709 scopus 로고
    • Size and performance of banking firms: testing the predictions of theory
    • Boyd J.H., Runkle D.E. Size and performance of banking firms: testing the predictions of theory. Journal of Monetary Economics 1993, 31:47-67.
    • (1993) Journal of Monetary Economics , vol.31 , pp. 47-67
    • Boyd, J.H.1    Runkle, D.E.2
  • 8
    • 31044445688 scopus 로고    scopus 로고
    • Understanding interaction models: improving empirical analyses
    • Brambor T., Clark W.R., Golder M. Understanding interaction models: improving empirical analyses. Political Analysis 2006, 14(1):1-20.
    • (2006) Political Analysis , vol.14 , Issue.1 , pp. 1-20
    • Brambor, T.1    Clark, W.R.2    Golder, M.3
  • 9
    • 83355162940 scopus 로고    scopus 로고
    • available at:, (assessed at April 20, 2010)
    • Buiter W.H. Too Big to Fail is Too Big 2009, available at:, (assessed at April 20, 2010). http://blogs.ft.com/maverecon/2009/06/too-big-to-fail-is-too-big/.
    • (2009) Too Big to Fail is Too Big
    • Buiter, W.H.1
  • 10
    • 13444302900 scopus 로고    scopus 로고
    • Deregulation, technological change, and the business-lending performance of large and small banks
    • Carter D.A., McNulty J.E. Deregulation, technological change, and the business-lending performance of large and small banks. Journal of Banking and Finance 2005, 29:1113-1130.
    • (2005) Journal of Banking and Finance , vol.29 , pp. 1113-1130
    • Carter, D.A.1    McNulty, J.E.2
  • 11
    • 83355162650 scopus 로고    scopus 로고
    • Framework for the Assessment of Bank Earnings
    • Bank for International Settlements, Basel
    • Couto R. Framework for the Assessment of Bank Earnings. Financial Stability Institute 2002, Bank for International Settlements, Basel.
    • (2002) Financial Stability Institute
    • Couto, R.1
  • 12
    • 8744261973 scopus 로고    scopus 로고
    • Bank consolidation, conglomeration and internationalization: trends and implications for financial risk. financial markets
    • De Nicolo G., Philip B., Zaman J., Zephirin M. Bank consolidation, conglomeration and internationalization: trends and implications for financial risk. financial markets. Institutions and Instruments 2004, 13(4):173-217.
    • (2004) Institutions and Instruments , vol.13 , Issue.4 , pp. 173-217
    • De Nicolo, G.1    Philip, B.2    Zaman, J.3    Zephirin, M.4
  • 13
    • 0347137950 scopus 로고    scopus 로고
    • Product mix and earnings volatility at commercial banks: evidence from a degree of leverage model
    • DeYoung R., Roland K.P. Product mix and earnings volatility at commercial banks: evidence from a degree of leverage model. Journal of Financial Intermediation 2001, 10:54-84.
    • (2001) Journal of Financial Intermediation , vol.10 , pp. 54-84
    • DeYoung, R.1    Roland, K.P.2
  • 15
    • 83355162647 scopus 로고    scopus 로고
    • Large banks versus small banks: how different are they?
    • (Article 6)
    • Fayman A. Large banks versus small banks: how different are they?. Journal of Economic and Social Policy 2009, 13(1). (Article 6).
    • (2009) Journal of Economic and Social Policy , vol.13 , Issue.1
    • Fayman, A.1
  • 16
    • 56549127127 scopus 로고    scopus 로고
    • The profitability of small single-market banks in an Era of multi-market banking
    • Hannan T.H., Prager R.A. The profitability of small single-market banks in an Era of multi-market banking. Journal of Banking and Finance 2009, 33:263-271.
    • (2009) Journal of Banking and Finance , vol.33 , pp. 263-271
    • Hannan, T.H.1    Prager, R.A.2
  • 17
    • 3242877945 scopus 로고    scopus 로고
    • Are small rural banks vulnerable to local economic downturns?
    • Meyer A., Yeager T. Are small rural banks vulnerable to local economic downturns?. Federal Reserve Bank of St Louis Review 2001, 83:25-38.
    • (2001) Federal Reserve Bank of St Louis Review , vol.83 , pp. 25-38
    • Meyer, A.1    Yeager, T.2
  • 18
    • 0001672981 scopus 로고
    • How competitive forces shape strategy
    • Porter M.E. How competitive forces shape strategy. Harvard Business Review 1979, 57(2):137-145.
    • (1979) Harvard Business Review , vol.57 , Issue.2 , pp. 137-145
    • Porter, M.E.1
  • 19
    • 77955755154 scopus 로고    scopus 로고
    • Determinants of cross-border bank acquisitions in transition economies: a latent class analysis
    • Poghosyan T., De Haan J. Determinants of cross-border bank acquisitions in transition economies: a latent class analysis. Economics of Transition 2010, 18:671-696.
    • (2010) Economics of Transition , vol.18 , pp. 671-696
    • Poghosyan, T.1    De Haan, J.2
  • 21
    • 70449102695 scopus 로고    scopus 로고
    • The impact of bank ownership concentration on impaired loans and capital adequacy
    • Shehzad C.T., De Haan J., Scholtens B. The impact of bank ownership concentration on impaired loans and capital adequacy. Journal of Banking and Finance 2010, 34:399-408.
    • (2010) Journal of Banking and Finance , vol.34 , pp. 399-408
    • Shehzad, C.T.1    De Haan, J.2    Scholtens, B.3
  • 22
    • 83355162645 scopus 로고    scopus 로고
    • Bank Size, Credit and the Sources of Bank Market Risk
    • BIS Working Paper no. 238, Basel.
    • Stever, R., 2007. Bank Size, Credit and the Sources of Bank Market Risk. BIS Working Paper no. 238, Basel.
    • (2007)
    • Stever, R.1
  • 23
    • 3843099775 scopus 로고    scopus 로고
    • Diversification in banking: is non-interest income the answer?
    • Stiroh K.J. Diversification in banking: is non-interest income the answer?. Journal of MoneyCredit, and Banking 2004, 36:853-882.
    • (2004) Journal of MoneyCredit, and Banking , vol.36 , pp. 853-882
    • Stiroh, K.J.1
  • 24
  • 25
    • 33747036456 scopus 로고    scopus 로고
    • A portfolio view of banking with interest and noninterest activities
    • Stiroh K.J. A portfolio view of banking with interest and noninterest activities,. Journal of Money Credit, and Banking 2006, 38:1351-1361.
    • (2006) Journal of Money Credit, and Banking , vol.38 , pp. 1351-1361
    • Stiroh, K.J.1
  • 26
    • 3242883120 scopus 로고    scopus 로고
    • The demise of community banks? local economic shocks are not to blame?
    • Yeager T. The demise of community banks? local economic shocks are not to blame?. Journal of Banking and Finance 2004, 28:2135-2153.
    • (2004) Journal of Banking and Finance , vol.28 , pp. 2135-2153
    • Yeager, T.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.