Showing 1 - 10 of 55,500
This article provides an empirical insight on the heterogeneity in the estimates of banking efficiency produced by the … efficiency score and the efficiency ranking to a change in the design of the frontier. We found that the average scores are … significantly smaller when the transcendental logarithmic functional form is used in the profit efficiency measurement and when the …
Persistent link: https://www.econbiz.de/10010322313
Do negative interest rates affect banks' cost efficiency? We exploit the unprecedented introduction of negative policy … rates by adjusting their cost efficiency. We find that banks most affected by negative interest rates responded by enhancing … their cost efficiency. We also show that improvements in cost efficiency are more pronounced for banks that are larger, less …
Persistent link: https://www.econbiz.de/10013367106
Our research as well as that by other authors has found scale economies at all sizes of banks and the largest scale economies at the largest banks – that is, larger banks are able to provide products at lower average cost than smaller banks. While the earlier literature found that scale...
Persistent link: https://www.econbiz.de/10011416928
This is a draft of the first half of an open access textbook on game theory. I hope to complete the entire book by the end of 2015. After teaching game theory (at both the undergraduate and graduate level) at the University of California, Davis for 25 years, I decided to organize all my teaching...
Persistent link: https://www.econbiz.de/10011429960
This study explains the differences and variances in the efficiency scores of the Vietnamese banking sector retrieved … mainly based on frontier efficiency measurements, which essentially are Data Envelopment Analysis (DEA) and Stochastic … efficiency, whilst the opposite is true for the data type, and sample size. …
Persistent link: https://www.econbiz.de/10012607555
This paper examines the impact of regulatory policies on banking market efficiency using a sample of 678 commercial … Squares method. Focus is on two alternative measures of banking market efficiency: net interest margin and overhead costs … (operating expenses to assets). Elevated levels of these two ratios should indicate a low level of banking efficiency. The …
Persistent link: https://www.econbiz.de/10013179673
The study examines the efficiency differences across the ownership structure of Indian microfinance institutions (MFIs … analysis (DEA) to assess the bias-corrected efficiency scores. To identify the performance determinants, we use bootstrap … and statistically significant impact on the efficiency level. Although the coefficient of PAR30 (Portfolio at risk, 30 …
Persistent link: https://www.econbiz.de/10013183998
financial intermediation and the supremacy of banks' efficiency. This study examines the concurrent effects of bank risk …, efficiency and cost of financial intermediation of Bangladeshi commercial banks. The Two-Step System GMM (2GMM) estimators of …-level, industry-level, and macroeconomic-level phenomenon. Efficiency gains cost the spread of banks' financial intermediation, and …
Persistent link: https://www.econbiz.de/10013184225
evidence on the existence of different bank technologies in international banking with different response schedules to external …. Using bank level structural variables we determine four different profit and cost banking technologies in the data. Further … analysis indicates heterogeneity not only among the level of profit and cost efficiency, but also regarding the response of …
Persistent link: https://www.econbiz.de/10009775651
243 mergers, we analyze motives for and cost effects of small-scale mergers in German banking. Estimating a frontier cost … function with a timevariable stochastic efficiency term we show that positive scale and scope effects from a merger arise only … efficiency as the acquiring firms. For the post-merger phase, our empirical results provide no evidence for efficiency gains from …
Persistent link: https://www.econbiz.de/10009781750