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Privatizing Multi-Product Banks

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  • Oved Yosha

    (Bank of Israel)

Abstract

In October 1983, following a stock market crash, the Israeli government became the owner of most of the banking system in the country. The government is now getting ready to privatize the banks. It has been argued that the government must take advantage of the unique opportunity to affect, in fact to mold, the structure of the banking system. Using a simple general equilibrium model of imperfect competition between multi­-product banks, the paper evaluates two proposals which have been raised in this context. Implications for banking reforms in other countries are briefly discussed.

Suggested Citation

  • Oved Yosha, 1994. "Privatizing Multi-Product Banks," Bank of Israel Working Papers 1994.17, Bank of Israel.
    • Handle: RePEc:boi:wpaper:1994.17
    as

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    File Function: First version, 1994
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    References listed on IDEAS

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