The Valuation Effects of Geographic Diversification : Evidence From U.S. Banks /

This paper assesses the impact of the geographic diversification of bank holding company (BHC) assets across the United States on their market valuations. Using two novel identification strategies based on the dynamic process of interstate bank deregulation, we find that exogenous increases in geogr...

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Detalles Bibliográficos
Autor principal: Laeven, Luc
Otros Autores: Goetz, Martin, Levine, Ross
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2012.
Colección:IMF Working Papers; Working Paper ; No. 2012/050
Acceso en línea:Full text available on IMF