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The Size Distribution of US Banks and Credit Unions

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The Size Distribution of US Banks and Credit Unions. / Goddard, J.A.; Goddard, J.; Liu, H. et al.
In: International Journal of the Economics of Business, Vol. 21, No. 1, 06.02.2014, p. 139-156.

Research output: Contribution to journal › Article › peer-review

HarvardHarvard

Goddard, JA, Goddard, J, Liu, H, McKillop, D & Wilson, JO 2014, 'The Size Distribution of US Banks and Credit Unions', International Journal of the Economics of Business, vol. 21, no. 1, pp. 139-156. https://doi.org/10.1080/13571516.2013.835970

APA

Goddard, J. A., Goddard, J., Liu, H., McKillop, D., & Wilson, J. O. (2014). The Size Distribution of US Banks and Credit Unions. International Journal of the Economics of Business, 21(1), 139-156. https://doi.org/10.1080/13571516.2013.835970

CBE

Goddard JA, Goddard J, Liu H, McKillop D, Wilson JO. 2014. The Size Distribution of US Banks and Credit Unions. International Journal of the Economics of Business. 21(1):139-156. https://doi.org/10.1080/13571516.2013.835970

MLA

Goddard, J.A. et al. "The Size Distribution of US Banks and Credit Unions". International Journal of the Economics of Business. 2014, 21(1). 139-156. https://doi.org/10.1080/13571516.2013.835970

VancouverVancouver

Goddard JA, Goddard J, Liu H, McKillop D, Wilson JO. The Size Distribution of US Banks and Credit Unions. International Journal of the Economics of Business. 2014 Feb 6;21(1):139-156. doi: 10.1080/13571516.2013.835970

Author

Goddard, J.A. ; Goddard, J. ; Liu, H. et al. / The Size Distribution of US Banks and Credit Unions. In: International Journal of the Economics of Business. 2014 ; Vol. 21, No. 1. pp. 139-156.

RIS

TY - JOUR

T1 - The Size Distribution of US Banks and Credit Unions

AU - Goddard, J.A.

AU - Goddard, J.

AU - Liu, H.

AU - McKillop, D.

AU - Wilson, J.O.

PY - 2014/2/6

Y1 - 2014/2/6

N2 - This study examines the firm size distribution of US banks and credit unions. A truncated lognormal distribution describes the size distribution, measured using assets data, of a large population of small, community-based commercial banks. The size distribution of a smaller but increasingly dominant cohort of large banks, which operate a high-volume low-cost retail banking model, exhibits power-law behaviour. There is a progressive increase in skewness over time, and Zipf's Law is rejected as a descriptor of the size distribution in the upper tail. By contrast, the asset size distribution of the population of credit unions conforms closely to the lognormal distribution .

AB - This study examines the firm size distribution of US banks and credit unions. A truncated lognormal distribution describes the size distribution, measured using assets data, of a large population of small, community-based commercial banks. The size distribution of a smaller but increasingly dominant cohort of large banks, which operate a high-volume low-cost retail banking model, exhibits power-law behaviour. There is a progressive increase in skewness over time, and Zipf's Law is rejected as a descriptor of the size distribution in the upper tail. By contrast, the asset size distribution of the population of credit unions conforms closely to the lognormal distribution .

U2 - 10.1080/13571516.2013.835970

DO - 10.1080/13571516.2013.835970

M3 - Article

VL - 21

SP - 139

EP - 156

JO - International Journal of the Economics of Business

JF - International Journal of the Economics of Business

SN - 1357-1516

IS - 1

ER -