estimate bank-specific Lerner indices as measures of competition and test if cost and profit efficiency are negatively related … cost savings. We suggest a united approach to measure competition and efficiency simultaneously to test this hypothesis. We …

interest margins. This study examines the connection between bank size and efficiency to understand whether that relationship …There is a growing body of evidence that interest rate spreads in Africa are higher for big ba nks compared to small …, more efficient, and unchallenged. In contra st, several studies found that when bank size increases beyond certain …

scores. Then, we regress cost efficiency scores on Lerner indices contingent on bank characteristics, market features and the … for the period 2001-2011. There is a two-step analytical procedure. First, we estimate Lerner indices and cost efficiency … with cost efficiency. Originality/value- Owing to data availability constraints, this is one of the few studies to test the …

interest margins. This study examines the connection between bank size and efficiency to understand whether that relationship …There is a growing body of evidence that interest rate spreads in Africa are higher for big banks compared to small …, more efficient, and unchallenged. In contrast, several studies found that when bank size increases beyond certain …

We analyze retail central bank digital currency (CBDC) in a two-tier monetary system with bank deposit market power and … distortions or instrument restrictions are present. Depending on central bank choices CBDC raises U.S. bank funding costs by up to …

integrated micro-macro approach with two core virtues. First, we measure the probability of bank distress directly at the bank … level. Second, we integrate a microeconomic hazard model for bank distress and a standard macroeconomic model. The advantage … between bank distress and the real economy. We base the analysis on German bank and macro data between 1995 and 2004. Our …

In April 2022, the Bank of Canada announced that it would continue to use a floor system to implement monetary policy … the deposit rate. In contrast, the Bank's guiding principles of prudence, transparency and neutrality, which govern the … rate close to the Bank's policy interest rate (which is equal to the deposit rate in a floor system). The second is an …

Recent studies of monetary policy in developing countries document a weak bank lending channel based on aggregate data …, volumes and rates, coupled with unanticipated variation in monetary policy. We show that a monetary contraction reduces bank …

LCR considers only a subset of central bank eligible assets and thereby offers banks an arbitrage opportunity to improve … their regulatory ratio by altering their collateral pledging with the European Central Bank. We use the existence of … national liquidity requirements to proxy for banks' incentives to exploit this differential treatment of central bank eligible …