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Change-Point Analysis of the Growth Effects of State Banking Deregulation

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Author Info
Donald G. Freeman

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Abstract

This article uses recent developments in change-point analysis to demonstrate that stronger income growth rates previously associated with state bank branch deregulation were in all cases temporary rather than permanent. In addition, patterns of temporal ordering across regions suggest that in many states deregulation was a response to economic conditions rather than the reverse. (JEL E44, G28) Copyright 2005, Oxford University Press.

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File URL: http://hdl.handle.net/10.1093/ei/cbi041
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Publisher Info
Article provided by Oxford University Press in its journal Economic Inquiry.

Volume (Year): 43 (2005)
Issue (Month): 3 (July)
Pages: 601-613
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Handle: RePEc:oup:ecinqu:v:43:y:2005:i:3:p:601-613

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Related research
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Find related papers by JEL classification:
E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

Cited by:
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  1. Thomas A. Garrett & Gary A. Wagner & David C. Wheelock, 2005. "Regional disparities in the spatial correlation of state income growth," Working Papers 2005-061, Federal Reserve Bank of St. Louis. [Downloadable!]
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This page was last updated on 2009-12-15.

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