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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4804 |
DP4804 Natural Resources and Economic Growth: From Dependence to Diversification | |
Thorvaldur Gylfason | |
发表日期 | 2004-12-23 |
出版年 | 2004 |
语种 | 英语 |
摘要 | We derive five hypotheses regarding market competition, price, and advertising from a theoretical model of a profit maximizing depository institution, and test these conjectures in a simultaneous system of deposit interest rates and advertising expenditures for a data panel of 1,867 thrift institutions that offer 13 different deposit products in 666 local markets in the US between 1994 and 2000. We find some support for each of our hypotheses ? branding, information, Dorfman-Steiner, structure-advertising, and structure-price ? with the strength of the results often depending on the attributes of the deposit products or the characteristics of the thrifts. |
主题 | Financial Economics |
关键词 | Advertising Depository institutions Structure-performance |
URL | https://cepr.org/publications/dp4804 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533715 |
推荐引用方式 GB/T 7714 | Thorvaldur Gylfason. DP4804 Natural Resources and Economic Growth: From Dependence to Diversification. 2004. |
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