Evanoff, Douglas D; Israilevich, Philip R; Merris, Randall C - In: Journal of Regulatory Economics 2 (1990) 3, pp. 281-98
One of the more important and frequently researched topics in banking is the production process. Previous studies of bank production, however, have employed a methodology which is not appropriate for regulated firms. We generate cost estimates for large commercial banks utilizing a generalized...