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The long-run demand for labor in the banking industry

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  • Ben R. Craig

Abstract

An examination of the decline in banking employment over the last decade, finding that technological changes explain the downturn only for large banks, and that acquisition accounts for very little of the overall employment shift.

Suggested Citation

  • Ben R. Craig, 1997. "The long-run demand for labor in the banking industry," Economic Review, Federal Reserve Bank of Cleveland, issue Q III, pages 23-33.
    • Handle: RePEc:fip:fedcer:y:1997:i:qiii:p:23-33
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    References listed on IDEAS

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    1. David Humphrey, 1993. "Cost and technical change: Effects from bank deregulation," Journal of Productivity Analysis, Springer, vol. 4(1), pages 9-34, June.
    2. John H. Boyd & Mark Gertler, 1994. "Are banks dead? Or are the reports greatly exaggerated?," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 18(Sum), pages 2-23.
    3. Allen N. Berger & David B. Humphrey, 1992. "Measurement and Efficiency Issues in Commercial Banking," NBER Chapters, in: Output Measurement in the Service Sectors, pages 245-300, National Bureau of Economic Research, Inc.
    4. Allen N. Berger & Anil K. Kashyap & Joseph M. Scalise, 1995. "The Transformation of the U.S. Banking Industry: What a Long, Strange Trips It's Been," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 26(2), pages 55-218.
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    Cited by:

    1. Doris Ritzberger-Grünwald & Alfred Stiglbauer & Walter Waschiczek, 2016. "Banking employment in Austria," Financial Stability Report, Oesterreichische Nationalbank (Austrian Central Bank), issue 32, pages 80-100.
    2. Fung, Michael K., 2006. "Are labor-saving technologies lowering employment in the banking industry?," Journal of Banking & Finance, Elsevier, vol. 30(1), pages 179-198, January.

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