Research note: Pricing behaviour across multiple distribution channels in the UK deposit account market: 1997-2001

John K. Ashton

doi:10.1080/09593960210151216

Research note: Pricing behaviour across multiple distribution channels in the UK deposit account market: 1997-2001

John K. Ashton^*

^*Corresponding author for this work

The York Management School

Research output: Contribution to journal › Article › peer-review

Abstract

In this research note the pricing behaviour of UK depository institutions is examined. The study uses daily interest rate data for 186 UK deposit saving accounts over the sample period, 1997-2001, which are distributed through branches and across postal and telephone networks. The relative level and dispersion of interest rates and the frequency and responsiveness of interest rate change are examined for deposit products that are distributed through different distribution channels. Slight and mostly insignificant interest rate differentials are recorded between deposit accounts distributed through branch, postal and telephone channels. Similarly, only small differences are recorded for the dispersion, frequency and responsiveness of interest rate change of deposit products distributed through different distribution channels.

Original language	English
Pages (from-to)	449-456
Number of pages	8
Journal	International Review of Retail, Distribution and Consumer Research
Volume	12
Issue number	4
DOIs	https://doi.org/10.1080/09593960210151216
Publication status	Published - Oct 2002

Keywords

Distribution Channels
Interest Rates
Physical Menu Costs
Price Change
Price Responsiveness
Retail Banking

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10.1080/09593960210151216

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Research note: Pricing behaviour across multiple distribution channels in the UK deposit account market: 1997-2001

Abstract

Keywords

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