TY - BOOK AU - Hester,Donald D. AU - Pierce,James L. TI - Bank management and portfolio behavior SN - 0300017162 : AV - HG1616.I5 H47 1975 U1 - 332.1 PY - 1975/// CY - New Haven PB - Yale University Press KW - Bank investments N1 - Includes index; Bibliography: p. 289-296 N2 - The banking industry is the largest financial intermediary in the United States capital market. Given its prominence, surprisingly few quantitative studies of the portfolio behavior of individual banks and the industry at large have been reported in the economic literature. The purpose of this monograph is to provide a microeconometric analysis of portfolio behavior and earnings by commercial and mutual savings banks. The results are shown to be of value in constructing an aggregate model for the analysis of systems of commercial and mutual savings banks ER -