TY - JOUR
T1 - A note on the evidence on alternative models of thebanking firm. A cross section study of commercial loan rates
AU - Slovin, Myron B.
AU - Sushka, Marie Elizabeth
PY - 1984/3
Y1 - 1984/3
N2 - In this paper, the determinants of commercial loan rates are analyzed using cross sectionevidence drawn from a survey of commercial bank lending. The objective is to obtain evidence in order to evaluate whether commercial loan rate behavior is consistent with the implications of three alternative theories of banking behavior and therefore provide evidence about the validity of these theories. In general, the cross section evidence leads to the conclusion that both imperfect competition and risk aversion in a portfolio context are important elements in understanding the pattern of commercial loan rates.
AB - In this paper, the determinants of commercial loan rates are analyzed using cross sectionevidence drawn from a survey of commercial bank lending. The objective is to obtain evidence in order to evaluate whether commercial loan rate behavior is consistent with the implications of three alternative theories of banking behavior and therefore provide evidence about the validity of these theories. In general, the cross section evidence leads to the conclusion that both imperfect competition and risk aversion in a portfolio context are important elements in understanding the pattern of commercial loan rates.
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U2 - 10.1016/S0378-4266(84)80027-8
DO - 10.1016/S0378-4266(84)80027-8
M3 - Article
AN - SCOPUS:58149367744
SN - 0378-4266
VL - 8
SP - 99
EP - 108
JO - Journal of Banking and Finance
JF - Journal of Banking and Finance
IS - 1
ER -