How have the market shares of banks and traditional savings institutions evolved over time? Plot the fraction

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How have the market shares of banks and traditional savings institutions evolved over time? Plot the fraction (in percent) of credit market assets held by the entire domestic financial sector (TCMAHDFS) that is held by banks (FRED code: CBUSCCBTCMAHDFS). Plot a similar market share for the assets held by savings institutions (FRED code: SITCMAHDFS).Explain the long-term trends that you observe.
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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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