TY - JOUR

T1 - Market Definition in the UK Deposit Savings Account Market

AU - Ashton, John

PY - 2001

Y1 - 2001

N2 - This study examines the definition of the UK deposit savings account market. A testing procedure is used to ascertain if the law of one price and the assumption of a unified national market may or may not be rejected The existing UK and European literature on the definition of financial services markets is developed by using both product specific, interest rate data and by incorporating non-price characteristics of financial services products in the testing procedure. This study indicates that a unified UK market may be rejected for deposit saving accounts.

AB - This study examines the definition of the UK deposit savings account market. A testing procedure is used to ascertain if the law of one price and the assumption of a unified national market may or may not be rejected The existing UK and European literature on the definition of financial services markets is developed by using both product specific, interest rate data and by incorporating non-price characteristics of financial services products in the testing procedure. This study indicates that a unified UK market may be rejected for deposit saving accounts.

KW - Market Definitions

KW - Deposit Accounts

KW - Interst Rates

KW - Banking Markets

U2 - 10.1080/00343400120065732

DO - 10.1080/00343400120065732

M3 - Article

VL - 35

SP - 577

EP - 584

JO - Regional Studies

JF - Regional Studies

SN - 0034-3404

IS - 6

ER -