Definition
A banking desert is a census tract or neighborhood which has no bank branches in it or within 10 miles of its center. Economists at the Federal Reserve Bank of New York identified 1,214 banking deserts in the U.S., the majority of which are located in sparsely populated areas. Twenty-three percent of all banking deserts are located in metropolitan statistical areas (MSAs) while the remainder are f
In Panel Profits
In the Panel Profits market platform, What Is a Banking Desert? applies standard financial concepts principles to comic assets and physical collections.
Common mistakes
Do not infer unobserved prices.