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| Tekijä: | Yosha, O. |
| Otsikko: | Privatising multi-product banks |
| Lehti: | Economic Journal
1995 : NOV, VOL. 105:433, p. 1435-1453 |
| Asiasana: | ECONOMICS PRIVATIZATION BANKS |
| Kieli: | eng |
| Tiivistelmä: | In October 1983, following a stock market crash, the Israeli government became the owner of most of the banking system in the country. The government is now getting ready to privatise the banks. Using a simple model of imperfect competition between multi-product banks, the paper evaluates two proposals which have been raised in this context: spinning off entire divisions versus splitting the banks into smaller banks. The degree of substitutability between banking products plays a key role in the analysis. |
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