A theory of the banking firm.
Document Type
Article
Publication Date
1978
Date Issued
January 1978
Date Available
December 2013
ISSN
0569-4345
Abstract
“The purpose of this paper is to overcome these omissions from earlier theories by developing a theoretical model that assumes marginal cost is indeed a function of the asset mix and establishing equilibrium in both the asset and liability markets. The framework for the analysis will be to briefly describe, and criticize the three earlier theories and then to present the more inclusive model of this paper.” (p.22)
Language
en_US
Publisher
Omicron Delta Epsilon, Honor Society in Economics
Recommended Citation
Fellows, J. A. (1978). A theory of the banking firm. American Economist, 22(1), 22-25.
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Comments
Excerpt only. Full-text article is available only through licensed access provided by the publisher. Published in American Economist, 22(1), 22-25. Members of the USF System may access the full-text of the article through the authenticated link provided.