Deposit Ceilings and the Efficiency of Financial Intermediation

Authors

  • LEWIS J. SPELLMAN

    Associate Professor of FinanceSearch for more papers by this author
    • Associate Professor of Finance, the University of Texas at Austin. I wish to thank Alfred Osborne, Jr., Larry Marks, and Wilfried Prewo for insightful observations and Francis Lee for statistical assistance. The support of the Institute of Business and Economic Research, University of California, Berkeley, the Federal Home Loan Bank of San Francisco, Texas Commerce Bank, and First City National Bank of Houston is gratefully acknowledged.

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