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theories to analyze the particular environment of banking. In recent years, the empirical modeling of bank technology and the … reflect the unique nature and role of banking in modern economies. This chapter gives an overview of two general empirical …
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By eliminating the influence of statistical noise, stochastic frontier techniques permit the estimation of the best-practice value of a firmś investment opportunities and the magnitude of a firmś systematic failure to achieve its best-practice market value - a gauge of the magnitude of agency...
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