Harming Depositors and Helping Borrowers: The Disparate Impact of Bank Consolidation

By Kwangwoo Park, George G. Pennacchi. 2009

178 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/d79c7f12f8c50fcdcbe911da261300e490cb52a0

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In Accounting

1. Isil Erel

In Economics and Econometrics

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Citations in the corpus

• The Effect of Bank Mergers on Loan Prices: Evidence from the United States (2011, background): “Park and Pennacchi (2009) show that market extension mergers by large multimarket banks are expected to benefit borrowers but harm depositors.”
• Competition and Relationship Lending: Friends or Foes? (2011, unknown): “So far, we have assumed that agency problems inside the (17)Multi-market contacts may also have pro-competitive effects, because banks may strategically decide to lend more than the optimal level in one market to reduce competition in others (Mester, 1987) or because of their funding advantages (Par”