We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this … relationship. We model the inter-temporal relationships among efficiency, capital and risk for a large sample of commercial banks … supporting the bad management and efficiency version of the moral hazard hypotheses. In contrast, bank efficiency improvements …

frontier, TFP being the composite effect of efficiency scores and possibility frontier changes. We consider, for the periods … private physical capital per worker. We use a semiparametric analysis, computing Malmquist productivity indexes, and we also …

common support services, mainly at Commission's level; - further functional areas suitable for shared services, such as those … services for EU Agencies. …

rapid technological change, globalization and fighting climate change. The present study aims to identify the most promising …