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indeed increases bank efficiency. Second, building on these results, we examine the relation between the Boone indicator … bank soundness. We find evidence that competition robustly increases bank soundness, via the efficiency channel. JEL …A growing body of literature indicates that competition increases bank soundness. Applying an industrial organization …
Persistent link: https://www.econbiz.de/10005344858
We compute public sector performance (PSP) and efficiency (PSE) indicators, comprising a composite and seven sub …, distribution, and stabilisation. The input and output efficiency of public sectors across countries is then measured via a non …
Persistent link: https://www.econbiz.de/10005816157
We study bidder bahavior and performance in 53 main refinancing operations (repo auctions) of the European Central Bank …
Persistent link: https://www.econbiz.de/10005816220
The European Central Bank (ECB) carried out a study of the social and private costs of different payment instruments …
Persistent link: https://www.econbiz.de/10010693506
frontier, TFP being the composite effect of efficiency scores and possibility frontier changes. We consider, for the periods …
Persistent link: https://www.econbiz.de/10008541284
investment, innovation). The paper addresses the approaches used to assess the performance and efficiency of public spending, and …
Persistent link: https://www.econbiz.de/10005162890
In this paper we analyse public sector efficiency in the new member states of the European Union compared to that in … emerging markets. After a conceptual discussion of expenditure efficiency measurement issues, we compute efficiency scores and … rankings by applying a range of measurement techniques. The study finds that expenditure efficiency across new EU member states …
Persistent link: https://www.econbiz.de/10005530687
economies. We also assess the efficiency of public spending in redistributing income by using a DEA (Data Envelopment Analysis …
Persistent link: https://www.econbiz.de/10005530992
We investigate the role of macroprudential policies in mitigating liquidity traps driven by deleveraging, using a simple Keynesian model. When constrained agents engage in deleveraging, the interest rate needs to fall to induce unconstrained agents to pick up the decline in aggregate demand....
Persistent link: https://www.econbiz.de/10010800974
The European Central Bank (ECB) carried out a study of the social and private costs of different payment instruments …
Persistent link: https://www.econbiz.de/10010688317