or cost savings. We suggest a united approach to measure competition and efficiency simultaneously to test this … hypothesis. We estimate bank-specific Lerner indices as measures of competition and test if cost and profit efficiency are … are small from an economical perspective. -- Savings banks ; competition ; efficiency ; quiet life hypothesis …

substantial measurement error. In this paper, we examine the magnitude and direction of this error in cost and profit efficiency …Most bank efficiency studies that use stochastic frontier analysis (SFA) employ each bank’s own implicit input price … when estimating efficient frontiers. But the theoretical foundation of most studies is a cost minimisation and/ or profit …

substantial measurement error. In this paper, we examine the magnitude and direction of this error in cost and profit efficiency …Most bank efficiency studies that use stochastic frontier analysis (SFA) employ each bank's own implicit input price … when estimating efficient frontiers. But the theoretical foundation of most studies is a cost minimisation and/ or profit …

IT standardization is conducive to cost efficiency. The relation is positive and robust for small and medium-sized banks … IT expenditures negatively impact cost efficiency and have no influence on bank profits. To the best of our knowledge … banks' IT expenditures. -- IT standardization ; cost and profit efficiency ; savings banks …

Wage Dispersion and Efficiency. It is often assumed that markets generate efficient allocations, but these are not … compensating differentials will increase both efficiency and fairness, quite in line with the classical position taken by Adam …