multiple technology regimes and group membership probabilities. The latter are conditioned on six bank traits of German banks … specific cost parameters to measure competition with Lerner indices. Large, national universal banks and the smallest, most … specialized banks exhibit the lowest level of competition. In turn, medium sized universal banks are both efficient and exhibit …

problems involved. In this study, we analyze the effect of German bank mergers in the period 1995-2000 on banks' profitability …The question of whether or not mergers and acquisitions have helped to enhance banks' efficiency and profitability has … predominantly under-performing banks engage in mergers. Our results indicate a neutral effect of mergers on profitability and a …

We use a unique data set that comprises each bank's bids in the Eurosystem's main refinancing operations and its … recourse to the LOLR facility (a) to derive banks' willingness-to-pay for liquidity through a one-week repo and (b) to show … that a bank's willingness-to-pay is a good indicator for the probability that this bank draws on the LOLR facility. Our …

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

in general, better capitalized and less leveraged banks have outperformed their peers, a finding that supports … policymakers' efforts to strengthen bank capitalization. …