Abstract
THE BANKING ACT of 1935 provided for greatly tightened federal regulation of entry into the bank industry. In a well-known study, Peltzman (1965) investigated whether this legislation, in fact, had affected the entry rate in the industry. He found a significant downward shift of the intercept in his model of the relation between the entry rate and its economic determinants in the post-1935 period. 1
Full Text
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call