Showing 21 - 30 of 68,925
for the period 2001-2011. There is a two-step analytical procedure. First, we estimate Lerner indices and cost efficiency … scores. Then, we regress cost efficiency scores on Lerner indices contingent on bank characteristics, market features and the … with cost efficiency. Originality/value- Owing to data availability constraints, this is one of the few studies to test the …
Persistent link: https://www.econbiz.de/10012117704
the level of competitiveness and efficiency. We estimate X-inefficiency for a sample of banks operating in the European … Union using the stochastic frontier approach. We relate efficiency levels to market competitiveness employing Panzar & Rosse …’s H statistic for three clusters of banks constructed according to their efficiency scores. In addition, we examine the …
Persistent link: https://www.econbiz.de/10011735742
examines the relationship between market competition and bank efficiency in these two markets during this period. The Quiet … Life Hypothesis (QLH) is tested to estimate relationship between market concentration, power, and bank efficiency. The … bank efficiency. Results find a positive impact of market power and concentration on profit efficiency whereas negative …
Persistent link: https://www.econbiz.de/10012949614
credit risk, competition and cost efficiency in the Chinese banking industry under a three-stage least square estimator. The … of efficiency leads to lower credit risk. In addition, it is found that higher level of efficiency results in higher … efficiency and competition-efficiency hypothesis holds in the Chinese banking industry. The results provide policy implications …
Persistent link: https://www.econbiz.de/10012950807
This paper tests the interrelationships between risk, competition and efficiency in the Chinese banking industry over … Efficiency-adjusted Lerner index and stability inefficiency as the indicators of competition and insolvency risk and more … importantly, it is the first piece of research testing the interrelationships between different types of risk, efficiency and …
Persistent link: https://www.econbiz.de/10012950881
This paper investigates the different effects of competition and securitization on US bank efficiency between 2001 and … that higher securitization increases banks’ cost efficiency scores. When banks are under competitive pressure, the fixed …-effects and GMM models show that securitization is positively associated with the cost efficiency of banks, while it mitigates …
Persistent link: https://www.econbiz.de/10013300103
In this paper, we address the question whether increasing households' financial market access improves welfare in a financial system in which there is intense competition among banks for private households' funds. Following earlier work by Diamond and by Fecht, we use a model in which the degree...
Persistent link: https://www.econbiz.de/10014064410
This paper presents key findings of the Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Payment Systems for the United Arab Emirates (UAE). The UAEs financial sector and...
Persistent link: https://www.econbiz.de/10005825402
A review of the experience of five developing countries in reforming their financial systems illustrates the benefits and risks, and provides lessons on the factors which contribute to successful financial sector reforms. Financial sector reforms need to be supported by active monetary policy,...
Persistent link: https://www.econbiz.de/10005825950
This paper presents key findings of the Assessment of the Supervision and Regulation of the Financial Sector for Palau. Palau’s government has demonstrated a clear political commitment to antimoney laundering. In addition to being a signatory to the Honiara Declaration, it has more...
Persistent link: https://www.econbiz.de/10005768379