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...

Полное описание

Библиографические подробности
Главный автор: Laeven, Luc
Другие авторы: Goetz, Martin, Levine, Ross
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2012.
Серии:IMF Working Papers; Working Paper ; No. 2012/050
Online-ссылка:Full text available on IMF