1 option
Dynamic Bank Expansion: Spatial Growth, Financial Access, and Inequality / Yan Ji, Songyuan Teng, Robert Townsend.
- Format:
- Book
- Author/Creator:
- Ji, Yan.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w28582.
- NBER working paper series no. w28582
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2021.
- Summary:
- We propose a model with local spatial markets and heterogeneous agents to understand and evaluate the geographic expansion of bank branches after banking deregulation in Thailand. The model features heterogeneity in financial frictions across regions, with the costs of accessing credit and deposits depending on the distance from the nearest branch. Disciplined by micro estimates of the effects of branch openings, the model reproduces salient regional and aggregate patterns concerning occupational choice, financial access, and inequality. We apply the model to study two counterfactual financial sector policies in distant markets, one subsidizing branches and the other subsidizing household deposits.
- Notes:
- Print version record
- March 2021.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.