Diversification efficiency and deposit rates


Autoria(s): Rhodes, Mark Jonathan
Contribuinte(s)

Centre for Empirical Finance

School of Management & Business

Data(s)

07/11/2008

07/11/2008

2005

Resumo

Rhodes, Mark, 'Diversification efficiency and deposit rates', Applied Financial Economics (2005) 15(13) pp.935-945 RAE2008

There is an increased sophistication in the provision of financial services by UK financial mutuals. This article presents evidence of a more complex process of price setting by these firms. From a theoretical model of the determination of deposit rates, the rate setting behaviour of firms is estimated empirically. Controlling for different service provision and firm characteristics heterogeneous levels of deposit rates are found to be offered by different building societies. This is indicative of differing levels of efficiency achieved by these firms

Peer reviewed

Formato

11

Identificador

Rhodes , M J 2005 , ' Diversification efficiency and deposit rates ' Applied Financial Economics , vol 15 , no. 13 , pp. 935-945 . DOI: 10.1080/09603100500187802

1466-4305

PURE: 82601

PURE UUID: f0c54f42-529b-4672-9b6a-8609a9ab917c

dspace: 2160/926

http://hdl.handle.net/2160/926

http://dx.doi.org/10.1080/09603100500187802

Relação

Applied Financial Economics

Idioma(s)

eng

Direitos

Tipo

/dk/atira/pure/researchoutput/researchoutputtypes/contributiontojournal/article