are more likely to enter foreign markets by means of foreign direct investment. We combine detailed proprietary bank …-level data on the international activities of all German banks with publicly available bank micro data from possible destination …

the pronounced worsening of total factor productivity. The paper is rounded out by estimates of some measures of wage … pressures and of profitability in order to assess the role played by the movements of relative input prices in the intensity of …

productivity and wage growth are higher for newly founded MNEs than for national rms. Employment growth is superior before …

Recent literature on multinational firms has stressed the importance of low productivity as a barrier to the cross …

Most bank efficiency studies that use stochastic frontier analysis (SFA) employ each bank's own implicit input price … substantial measurement error. In this paper, we examine the magnitude and direction of this error in cost and profit efficiency … when estimating efficient frontiers. But the theoretical foundation of most studies is a cost minimisation and/ or profit …

We investigate the consistency of efficiency scores derived with two competing frontier methods in the financial … banks and analyze whether efficiency measures yield consistent results according to five criteria between 1993 and 2004 … important to avoid misinterpretation about the status of efficiency of the total banking sector. Finally, despite ongoing …

Efficiency is considered a key factor when evaluating a bank's performance. Moreover, efficiency enhancement is an … that the long-run impact of profit efficiency on risk is larger than for cost efficiency. However, cost efficiency impacts … impact on profits than profit efficiency. …

traditional efficiency scores with stochastic cost and alternative profit frontier analysis. Then, we explicitly allow for … demand system, we estimate input and profit demand functions to obtain proxies for expected return and risk. Efficiency is … than profit efficiency. More importantly, rankorder correlation between these measures are low or even negative. This …

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 …. Wir ermitteln die Wahrscheinlichkeit der Gruppenzugehörigkeit (GZW) je Bank in Abhängigkeit von sechs individuellen …