IDEAS home Printed from https://ideas.repec.org/a/fip/fedcer/y1990iqiiip13-25nv.26no.3.html
   My bibliography  Save this article

Financial restructuring and regional economic activity

Author

Listed:
  • Brian A. Cromwell

Abstract

An empirical analysis that links employment changes resulting from the birth, death, expansion, and contraction of various-sized banks with the local economic performance of 217 SMSAs over the 1980-82 and 1984-86 periods. Results suggest that the deaths of midsized banks have a negative, but short-lived, impact on economic activity.

Suggested Citation

  • Brian A. Cromwell, 1990. "Financial restructuring and regional economic activity," Economic Review, Federal Reserve Bank of Cleveland, issue Q III, pages 13-25.
  • Handle: RePEc:fip:fedcer:y:1990:i:qiii:p:13-25:n:v.26no.3
    as

    Download full text from publisher

    File URL: http://www.clevelandfed.org/Research/Review/1990/90-q3-cromwell.pdf
    Download Restriction: no

    File URL: https://fraser.stlouisfed.org/scribd/?toc_id=373444&filepath=/docs/publications/frbclevreview/rev_frbclev_1990q3.pdf&start_page=15#scribd-open
    Download Restriction: no

    References listed on IDEAS

    as
    1. Lawrence R. Klein & Virginia Long, 1973. "Capacity Utilization: Concept, Measurement, and Recent Estimates," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 4(3), pages 743-764.
    2. Guilkey, David K & Salemi, Michael K, 1982. "Small Sample Properties of Three Tests for Granger-Causal Ordering in a Bivariate Stochastic System," The Review of Economics and Statistics, MIT Press, vol. 64(4), pages 668-680, November.
    3. Paul W. Bauer & Mary E. Deily, 1988. "Measuring the unseen: a primer on capacity utilization," Economic Commentary, Federal Reserve Bank of Cleveland, issue Jun.
    4. Thomas A. Gittings, 1989. "Capacity utilization and inflation," Economic Perspectives, Federal Reserve Bank of Chicago, issue May, pages 2-9.
    5. Robert H. Rasche & John A. Tatom, 1977. "The effects of the new energy regime on economic capacity, production, and prices," Review, Federal Reserve Bank of St. Louis, issue May, pages 2-12.
    6. Matthew D. Shapiro, 1989. "Assessing the Federal Reserve's Measures of Capacity and Utilization," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 20(1), pages 181-242.
    7. Daniel L. Thornton & Dallas S. Batten, 1984. "Lag length selection and Granger causality," Working Papers 1984-001, Federal Reserve Bank of St. Louis.
    8. Roger K. Conway & P.A.V.B. Swamy & John F. Yanagida, 1983. "The impossibility of causality testing," Special Studies Papers 178, Board of Governors of the Federal Reserve System (U.S.).
    9. John P. Judd & Bharat Trehan, 1989. "Unemployment-rate dynamics: aggregate-demand and -supply interactions," Economic Review, Federal Reserve Bank of San Francisco, issue Fall, pages 20-37.
    10. Tatom, John A., 1979. "The meaning and measurement of potential output : A comment on the Perloff and Wachter results," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 10(1), pages 165-178, January.
    11. Haynes, Stephen E & Stone, Joe A, 1985. "A Neglected Method of Separating Demand and Supply in Time Series Regression," Journal of Business & Economic Statistics, American Statistical Association, vol. 3(3), pages 238-243, June.
    12. Scadding, John L, 1973. "The Sampling Distribution of the Liviatan Estimator of the Geometric Distributed Lag Parameter," Econometrica, Econometric Society, vol. 41(3), pages 503-508, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Steven Ongena, 1999. "Lending Relationships, Bank Default and Economic Activity," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 6(2), pages 257-280.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedcer:y:1990:i:qiii:p:13-25:n:v.26no.3. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (4D Library). General contact details of provider: http://edirc.repec.org/data/frbclus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.