Associate professor of finance at Wharton School of Finance and Commerce, University of Pennsylvania.
OPTIMUM RATE ON TIME DEPOSITS*
Article first published online: 30 APR 2012
1962 The American Finance Association
The Journal of Finance
Volume 17, Issue 4, pages 622–633, December 1962
How to Cite
Smith, P. F. (1962), OPTIMUM RATE ON TIME DEPOSITS. The Journal of Finance, 17: 622–633. doi: 10.1111/j.1540-6261.1962.tb04336.x
I am indebted to Mona Dingle, Leon T. Kendall, and Roland I. Robinson for helpful comments on an earlier draft of this article. I should also like to acknowledge the helpfulness of the discussion of the question “Should Commercial Banks Accept Savings Deposits?” by Leland J. Pritchard, Edward E. Edwards, and Lester V. Chandler at the 1961 Conference on Savings and Residential Financing in Chicago, Illinois, and the article by Deane Carson, “Bank Earnings and the Competition for Savings Deposits,” Journal of Political Economy, LVII (December, 1959), 580–88.
- Issue published online: 30 APR 2012
- Article first published online: 30 APR 2012