Barros, Carlos Pestana; Wanke, Peter - In: Journal of International Financial Markets, … 28 (2014) C, pp. 54-65
This paper analyses efficiency in Brazilian banks from 1998 to 2010 with a Bayesian dynamic frontier model. This model … Monte-Carlo simulation, indicate that Brazilian banks improved in terms of efficiency over time. Factors found to be … important determinants of cost efficiency include public banks and foreign banks that are statistical insignificants, merger and …