Showing 1 - 10 of 435
We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this … relationship. We model the inter-temporal relationships among efficiency, capital and risk for a large sample of commercial banks … supporting the bad management and efficiency version of the moral hazard hypotheses. In contrast, bank efficiency improvements …
Persistent link: https://www.econbiz.de/10011605257
This paper investigates both cross-sectional asymmetry (related to bank-specific characteristics like size and liquidity) and asymmetries over time (potentially related to the overall state of the economy) in Austrian bank lending reaction to monetary policy. The first type of asymmetry is...
Persistent link: https://www.econbiz.de/10011604143
We estimate the effect of demand and price uncertainty on firms’ investment decisions from a panel of manufacturing firms. Uncertainty measures are derived from firms’ subjective qualitative expectations. They are close to their theoretical counterparts, the variances of future demand and...
Persistent link: https://www.econbiz.de/10011604393
-sectoral technology transfer, as well as international and intersectoral synergies in research and development (R&D). Furthermore we allow … enables us make a judgment on the relative importance of the channels of international technology transmission. We find that … direct technology transfer is positive while there are negative R&D spillovers. However, since R&D is found to positively …
Persistent link: https://www.econbiz.de/10011605549
. We find that cost efficiency in the euro area banking sector amounted to around 84% on average over the 2006 to 2017 …% in 2007 to around 1% in 2017, with technological progress being the largest contributor, followed by technical efficiency …
Persistent link: https://www.econbiz.de/10012142149
-sectoral technology transfer, as well as international and intersectoral synergies in research and development (R&D). Furthermore we allow … enables us make a judgment on the relative importance of the channels of international technology transmission. We find that … direct technology transfer is positive while there are negative R&D spillovers. However, since R&D is found to positively …
Persistent link: https://www.econbiz.de/10013089240
We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this … relationship. We model the inter-temporal relationships among efficiency, capital and risk for a large sample of commercial banks … supporting the bad management and efficiency version of the moral hazard hypotheses. In contrast, bank efficiency improvements …
Persistent link: https://www.econbiz.de/10013142777
. We find that cost efficiency in the euro area banking sector amounted to around 84% on average over the 2006 to 2017 …% in 2007 to around 1% in 2017, with technological progress being the largest contributor, followed by technical efficiency …
Persistent link: https://www.econbiz.de/10013315354
frontier, TFP being the composite effect of efficiency scores and possibility frontier changes. We consider, for the periods …
Persistent link: https://www.econbiz.de/10011605200
This paper addresses the issue of measuring the NAIRU for the euro area and assessing the robustness and precision of the obtained estimates. The empirical framework adopted is based on systems combining an Okun-type relationship between cyclical unemployment and the output gap with a Phillips...
Persistent link: https://www.econbiz.de/10011604111