Detecting whether banks' leverage is indeed procyclical is relevant to support the view that booms and crises may be reinforced by some sort of supply side financial accelerator, whilst finding a plausible explanation of banks' behaviour is crucial to trace the road for a sensible reform of...

This paper investigates whether investment in Information Technology (IT) - hardware, software and other IT services - influences the performance of banks. Using a sample of 737 European banks over the period 1995-2000 we analyse whether IT investment is reflected in improved performance...

This paper investigates the level of economies of scale, as well as their determinants, for 103 European listed banks over the period 2000-2011 by employing a Stochastic Frontier Approach. The results reveal that economies of scale are widespread and move together for all size classes, although...