The study employs Data Envelopment Analysis and a MALMQUIST index to analyze the development of total factor productivity in Swiss banking during the period 1988/91. The results show that the increase in total factor productivity was primarily due to improved technical efficiency and to a much...

Economic theory is unclear on the effects of capital regulation on the risk-seeking behavior of banks. This paper attempts to shed light on the issue by examining the impact of the implementation of the guidelines of the 1988 Basle Capital Accord on a large sample of individual banks drawn from...

None