Gambacorta, Leonardo; Scatigna, Michela; Yang, Jing - In: Applied Economics Letters 21 (2014) 6, pp. 438-441
Using information on 98 internationally active banks headquartered in 27 countries over the period 1994--2012, we analyse the nonlinear link between income diversification (defined as noninterest income to total income) and bank return on assets (ROA). The main result is that income...