Ayaydin, Hasan; Karaaslan, İbrahim - In: Journal of Economics and Political Economy 1 (2014) 1, pp. 49-67
Using the the Two-Step Generalized Method of Moments (GMM) described by Arellano and Bond (1991) for dynamic panels, this paper analyzes the profitability of 25 commercial banks in Turkey over the period from 2003 to 2011.Our profitability determinants include bank-specific characteristics as...
