We analyze the stability of efficiency rankings of German universal banks between 1993 and 2004. First, we estimate … different risk preferences and measure efficiency with a structural model based on utility maximization. Using the almost ideal … demand system, we estimate input and profit demand functions to obtain proxies for expected return and risk. Efficiency is …

In this paper, we analyze the impact of banks' non-interest income share on risk in the German banking sector for the … on risk significantly differs depending on banks' overall business model. More specifically, we show banks with retail …-oriented business model such as savings banks, cooperative banks and other retail-oriented banks become significantly more stable if …

if aggregate credit growth is excessive. This even affects those banks that do not exhibit high rates of individual loan …In this paper, we analyze the impact of loan growth and business model on bank risk in 15 EU countries. In contrast to … the literature, we include a large number of unlisted banks in our sample which represent the majority of banks in the EU …

recourse to the LOLR facility (a) to derive banks' willingness-to-pay for liquidity through a one-week repo and (b) to show … results suggest (i) that banks' willingness-to-pay for liquidity indeed reflects refinancing conditions in the interbank …

. Exploiting a unique dataset, we show how age, gender, and education composition of executive teams affect risk taking of … younger executive teams increase risk taking, as do board changes that result in a higher proportion of female executives. In … contrast, if board changes increase the representation of executives holding Ph.D. degrees, risk taking declines. …

sovereign debt crisis have been driven mainly by weak growth prospects and heightened sovereign risk and to a lesser extent, by … in general, better capitalized and less leveraged banks have outperformed their peers, a finding that supports …

. Exploiting a unique dataset, we show how age, gender, and education composition of executive teams affect risk taking of … younger executive teams increase risk taking, as do board changes that result in a higher proportion of female executives. In … contrast, if board changes increase the representation of executives holding Ph.D. degrees, risk taking declines. -- …

banks and analyze whether efficiency measures yield consistent results according to five criteria between 1993 and 2004 …. Furthermore, our results show that accounting for systematic differences among commercial, cooperative and savings banks is …

Banks continue to differ in many ways, for instance with respect to business models, growth strategies, or financial … multiple technology regimes and group membership probabilities. The latter are conditioned on six bank traits of German banks … and we identify four signifficantly different technology regimes. Only small, retail focused banks exhibit cost …

The paper discusses the question of whether financial participation of multilateral development banks does prompt … private investors to inject more risky equity capital in emerging market banks. Using a theoretical model, it is stipulated … measuring the amount of invested equity capital which, given a country's historical risk profile, can be considered "at risk" is …