German banks experienced a merger wave throughout the 1990s. However, the success of bank mergers remains a continuous … efficiency (CE). We categorise mergers a success that fulfill simultaneously two criteria. First, merged institutes must exhibit … year above efficiency changes of non-merging banks. We employ this taxonomy to characterise (successful) mergers in terms …

Most bank efficiency studies that use stochastic frontier analysis (SFA) employ each bank’s own implicit input price … substantial measurement error. In this paper, we examine the magnitude and direction of this error in cost and profit efficiency …

economically significant effect of higher mean cost efficiency for economic growth, suggesting that the interaction between better … effects of deepening capital markets are only significant beyond a certain efficiency threshold of approximately 70 percent …

We investigate the consistency of efficiency scores derived with two competing frontier …

Most bank efficiency studies that use stochastic frontier analysis (SFA) employ each bank's own implicit input price … substantial measurement error. In this paper, we examine the magnitude and direction of this error in cost and profit efficiency …