Why Banks Need ‘Sleepy’ Customers
Amol Agrawal
Mark Egan, Ali Hortaçsu, Nathan Kaplan, Adi Sunderam and Vincent Yao in this HBS Working paper write about banks need for sleepy customers. We examine the implications of sleepy deposits and their impact on competition, bank value, and financial stability in the US banking sector. We first document the shopping behavior of depositors using novel […]