caa a22 4500 386308829 CHVBK 20180307111538.0 cr unu---uuuuu 161130e198806 xx s 000 0 eng 10.2307/2330883 doi S0022109000013065 pii (NATIONALLICENCE)cambridge-10.2307/2330883 Allen Linda The Determinants of Bank Interest Margins: A Note [Elektronische Daten] [Linda Allen] The Ho-Saunders model (1981) is extended to consider the case of loan heterogeneity. Pure interest spreads may be reduced when cross-elasticities of demand between bank products are considered. The resulting diversification benefits emanate from the interdependence of demands across bank services and products—a type of portfolio effect. Control over relative rate spreads, across product types, and the resulting ability to manipulate the arrival of transactions demands enables the financial intermediary to maintain a more active role in managing its inventory risk exposure. Copyright © School of Business Administration, University of Washington 1988 Journal of Financial and Quantitative Analysis Cambridge University Press 23/2(1988-06), 231-235 0022-1090 23:2<231 1988 23 JFQ https://doi.org/10.2307/2330883 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.2307/2330883 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Allen Linda NATIONALLICENCE 773 0- Journal of Financial and Quantitative Analysis Cambridge University Press 23/2(1988-06), 231-235 0022-1090 23:2<231 1988 23 JFQ CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-cambridge