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Published in 2018 at "Journal of Banking and Finance"
DOI: 10.1016/j.jbankfin.2018.01.010
Abstract: We examine the impact of competition on bank earnings persistence by exploiting a natural experiment following interstate banking deregulation that increased bank competition. We find that bank earnings adjustment speed increases after their states implement…
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Keywords:
earnings persistence;
competition manipulation;
competition;
bank earnings ... See more keywords