We analyze the stability of efficiency rankings of German universal banks between 1993 and 2004. First, we estimate … traditional efficiency scores with stochastic cost and alternative profit frontier analysis. Then, we explicitly allow for … different risk preferences and measure efficiency with a structural model based on utility maximization. Using the almost ideal …

Banks continue to differ in many ways, for instance with respect to business models, growth strategies, or financial … efficiency comparisons across different samples. We use a latent class stochastic frontier model to estimate simultaneously … multiple technology regimes and group membership probabilities. The latter are conditioned on six bank traits of German banks …

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 …

financial institutions. First, we establish that age, gender, and education jointly affect the variability of bank performance …

deteriorating funding conditions and investor sentiment. While the equity return performance in the banking sector has been dismal … in general, better capitalized and less leveraged banks have outperformed their peers, a finding that supports …

banks and analyze whether efficiency measures yield consistent results according to five criteria between 1993 and 2004 …We investigate the consistency of efficiency scores derived with two competing frontier methods in the financial …-based measures of performance. We find that non-parametric methods are particularly sensitive to measurement error and outliers …

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 …

The paper investigates the factors crucial in the locational decisions of multinational German banks in selected … characteristics. Results indicate that FDI by non-banks exerted a strong pull effect on banking FDI flows, as did highly developed …

financial institutions. First, we establish that age, gender, and education jointly affect the variability of bank performance …

active banks. For the period from 2002 to 2010, we look at quarterly transaction data (excluding valuation effects) on long …, foreign countries' demand and risk characteristics become more relevant when loans are distributed by banks' affiliates … that rising risk aversion among banks curbed cross-border lending during the financial crisis, especially at a later stage …