NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Bank Consolidation: A Central Banker's Perspective

Frederic S. Mishkin

NBER Working Paper No. 5849 (Also Reprint No. r2207)*
Issued in March 1999
NBER Program(s):   EFG    ME

This paper looks at why bank consolidation has been taking place in the United States and what the structure of the banking industry might look like in the future. It then discusses the implications of bank consolidation for the economy and the challenge it poses for central bankers.

*Published: Mergers of Finanial Institutions, Yakov Amihud and Geoffrey Miller, eds., pp. 31-25, (Boston: Irwin Professional Publishing, 1998)

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