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Trends in Competition and Profitability in the Banking Industry: A Basic Framework

Bikker, Jacob; Bos, Jaap - de Nederlandsche Bank - 2004

suggest ways to more clearly distinguish between market power and effciency, and explain why we need time-dependent models …

Persistent link: https://www.econbiz.de/10005021826

Large Bank Efficiency in Europe and the United States: Are There Economic Motivations for Geographic Expansion in Financial Services?

Bos, J.W.B.; Kolari, J.W. - de Nederlandsche Bank - 2003

This paper employs stochastic frontier cost and profit models to estimate economies of scale as well as X-efficiency for multi-billion dollar European and U.S. banks in the period 1995-1999. Empirical results with respect to separate analyses of large European and U.S. banks are strikingly...

Persistent link: https://www.econbiz.de/10005021890

Bank Efficiency the Role of Bank Strategy and Local Market Conditions

Bos, J.W.B.; Kool, C.J.M. - de Nederlandsche Bank - 2004

In this paper we focus on the assumption of a common efficient frontier when performing an efficiency study for the banking sector. The fact that environmental factors that are not appropriately controlled may easily bias efficiency estimates. First, we estimate a common cost and profit...

Persistent link: https://www.econbiz.de/10005101798

Improving Market Power Tests: Does it matter for the Dutch Banking Market?

Bos, J.W.B. - de Nederlandsche Bank - 2003

market power in the Dutch banking market. I first improve the measurement of market structure. Then, I introduce a simple … Cournot-model, which results in a more flexible measure of market power for different market structures. Finally, I include … the Efficiency hypothesis and modify it to more accurately test it jointly with the market power tests. Theoretically …

Persistent link: https://www.econbiz.de/10005106764

Comparing Efficiency in European Banking: a Meta Frontier Approach

Bos, J.W.B.; Schmiedel, H. - de Nederlandsche Bank - 2003

A persistent paradox in stochastic frontier efficiency research is that we cannot compare the X-efficiency of firms without assuming these firms to operate under a common frontier. In this paper, we address this imbalance by constructing so-called metafrontiers. Specifically, we build on recent...

Persistent link: https://www.econbiz.de/10005106765

An international scorecard for measuring bank performance: The case of Dutch banks

Bos, J.W.B.; Draulans, J.A.J.; Kommer, D. van den; … - de Nederlandsche Bank - 2006

criteria: (i) profitability; (ii) risk; (iii) market power, and (iv) efficiency. We use this scorecard to compare the …

Persistent link: https://www.econbiz.de/10010562428

When arm's length is too far. Relationship banking over the business cycle

Beck, Thorsten; Degryse, Hans; Haas, Ralph de; Horen, … - de Nederlandsche Bank - 2014

Using a novel way to identify relationship and transaction banks, we study how banks' lending techniques affect funding to SMEs over the business cycle. For 21 countries we link the lending techniques that banks use in the direct vicinity of firms to these firms' credit constraints at two...

Persistent link: https://www.econbiz.de/10010945600

Explaining Foreign Direct Investment in Central and Eastern Europe: an Extended Gravity Approach

Bos, Jaap; Laar, Mindel van de - de Nederlandsche Bank - 2004

In this paper, we question whether there is a catch-up effect or announcement effect in Foreign Direct Investment (FDI) from the European Union (EU) to the ten EU accession countries. We study FDI outflows from the Netherlands, a small open economy with few historical ties to Eastern Europe, and...

Persistent link: https://www.econbiz.de/10005021821

Financial constraints, risk taking and firm performance: Recent evidence from microfinance clients in Tanzania

Boermans, Martijn; Willebrands, Daan - de Nederlandsche Bank - 2012

Financial constraints and risk taking are two well-established determinants of firm performance, however, no research analyzes how these variables are connected in the context of a high risk environment. Using data from microfinance clients in Tanzania, we derive a novel financial constraints...

Persistent link: https://www.econbiz.de/10010757279

Home Bank Intermediation of Foreign Direct Investment

Poelhekke, Steven - de Nederlandsche Bank - 2011

This paper investigates the benefits of banks' direct investment in foreign subsidiaries and branches for non-financial multinationals. The paper builds on the literature on international banks which has primarily focused on the implications for host countries, rather than for its international...

Persistent link: https://www.econbiz.de/10009144150