Author : Thomas Andrew Garrett
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (2 download)
Book Synopsis A Spatial Analysis of State Banking Regulation by : Thomas Andrew Garrett
Download or read book A Spatial Analysis of State Banking Regulation written by Thomas Andrew Garrett and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "We use a spatial model to investigate a state's choice of branch banking and interstate banking regimes as a function of the regime choices made by other states. We extend the basic spatial econometric model by allowing spatial correlation to vary by geographic region. The empirical models also distinguish spatial effects between neighbors and non-neighbors. Our findings reveal that spatial effects have a large, statistically significant impact on state regulatory regime decisions. The importance of spatial correlation in the setting of state banking policies suggests the need to consider spatial effects in empirical models of state policies in general"--Federal Reserve Bank of St. Louis web site.