The Valuation Effects of Geographic Diversification: Evidence from U.S. Banks

Martin Goetz, Luc Laeven, Ross Levine

NBER Working Paper No. 17660
Issued in December 2011

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The paper’s findings, interpretations, and conclusions are entirely those of the authors and do not necessarily represent the views of the Federal Reserve Bank of Boston or the International Monetary Fund, its Executive Directors, or the countries they represent. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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