institutional framework. It does so by analyzing the interaction between aggregate efficiency, corruption, and other dimensions of … effective, but that it may be positively associated with efficiency in countries where institutions are ineffective. We thus …

agreement and costly formal bankruptcy. We consider a standard debt contract between a bank and a small firm, both risk …

This study evaluates whether the development of Islamic banking influences macroeconomic efficiency. Thus, we … approach to estimate technical efficiency at the country level for a sample of 70 countries. We use a unique hand … favours macroeconomic efficiency. Furthermore, we have support for a non-linear relation with efficiency for Islamic banking …

efficiency, equity, and administrative and compliance costs. This paper analyzes tax expenditures in Italy, considering the …

This paper explores the impact of fiscal decentralization on the efficiency of public service delivery. It uses a … stochastic frontier method to estimate time-varying efficiency coefficients and analyzes the impact of fiscal decentralization on … those efficiency coefficients. The findings indicate that fiscal decentralization can improve the efficiency of public …

This paper aims at investigating the effects of concentration on competition and cost efficiency of the French audit … market. Competition is measured with the Rosse-Panzar model, while cost efficiency is estimated with stochastic frontier … approach. Cost efficiency levels are estimated at around 75% with greater efficiency for Big-Four firms, while the nature of …

This paper investigates whether financial intermediary development influences macroeconomic technical efficiency on a … associated with more efficiency. However we find strong evidence that this relationship is conditional on the level of economic … development. The lower economic development the weaker is the impact of financial development on efficiency. That impact can even …

Since the preparation of the Single Market program in the 80s, financial integration in Europe has been expected to … provide gains in growth by favoring competition and efficiency on financial markets. Our paper aims to check whether financial … integration has taken place on the banking markets, by investigating the convergence in banking efficiency for European Union …