Research Note : Pricing Behaviour Across Multiple Distribution Channels in the UK Deposit Account Market: 1997-2001
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In: The International Review of Retail, Distribution and Consumer Research, Vol. 12, No. 4, 01.01.2002, p. 449-456.
Research output: Contribution to journal › Article › peer-review
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TY - JOUR
T1 - Research Note : Pricing Behaviour Across Multiple Distribution Channels in the UK Deposit Account Market
T2 - 1997-2001
AU - Ashton, John
PY - 2002/1/1
Y1 - 2002/1/1
N2 - In this research note the pricing behaviour of UK depository institutions is examined. The study uses daily interest rate data for 186 UK deposit saving accounts over the sample period, 1997–2001, which are distributed through branches and across postal and telephone networks. The relative level and dispersion of interest rates and the frequency and responsiveness of interest rate change are examined for deposit products that are distributed through different distribution channels. Slight and mostly insignificant interest rate differentials are recorded between deposit accounts distributed through branch, postal and telephone channels. Similarly, only small differences are recorded for the dispersion, frequency and responsiveness of interest rate change of deposit products distributed through different distribution channels.
AB - In this research note the pricing behaviour of UK depository institutions is examined. The study uses daily interest rate data for 186 UK deposit saving accounts over the sample period, 1997–2001, which are distributed through branches and across postal and telephone networks. The relative level and dispersion of interest rates and the frequency and responsiveness of interest rate change are examined for deposit products that are distributed through different distribution channels. Slight and mostly insignificant interest rate differentials are recorded between deposit accounts distributed through branch, postal and telephone channels. Similarly, only small differences are recorded for the dispersion, frequency and responsiveness of interest rate change of deposit products distributed through different distribution channels.
U2 - 10.1080/09593960210151216
DO - 10.1080/09593960210151216
M3 - Article
VL - 12
SP - 449
EP - 456
JO - The International Review of Retail, Distribution and Consumer Research
JF - The International Review of Retail, Distribution and Consumer Research
SN - 0959-3969
IS - 4
ER -