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This study examines the impact of bond markets on both bank profit and cost efficiency. By employing the stochastic frontier approach and utilizing a large micro dataset for 926 banks covering 27 economies from the Asia and Pacific region over the period from 2004 to 2017, we find that both the...
Persistent link: https://www.econbiz.de/10012181894
Over last two decades, emerging and developing nations have desperately endeavored for efficient banking sectors. In this study, we argue that bank efficiency generates incentives that can impact banks’ capital holdings and the cost of financial intermediation. Analyzing a panel dataset of...
Persistent link: https://www.econbiz.de/10011760329
Most of the literature on retail fuel markets find high-frequency and asymmetric price cycles. This is typically … explained by the model of Edgeworth price cycles. A key element of this model is that prices fall to marginal costs during a …
Persistent link: https://www.econbiz.de/10011992354
In recent years, the German banking sector has overcome major challenges such as the global financial crisis and the European debt crisis. This paper analyses a recent development as a particular determinant of the future outlook for the German banking sector. Interest rates are at historically...
Persistent link: https://www.econbiz.de/10011589380
I develop a structural model of mortgage demand and lender competition to study how leverage regulation affects the equilibrium in the UK mortgage market. Using variation in risk-weighted capital requirements across lenders and across mortgages with differential loan-to-values, I show that a...
Persistent link: https://www.econbiz.de/10012911375
profitability of German banks and their capacity to lend. With a NSFR-model that is partially calibrated against reported NSFRs, we … minimum standard is unlikely to exhibit adverse consequences for credit supply and bank profitability. …
Persistent link: https://www.econbiz.de/10011541056
profitability of German banks and their capacity to lend. With a NSFR-model that is partially calibrated against reported NSFRs, we … minimum standard is unlikely to exhibit adverse consequences for credit supply and bank profitability …
Persistent link: https://www.econbiz.de/10012981489
The authors analyze commercial banks' profitability (return on equity, ROE) at different levels of creditor rights and … macroeconomic variables, the results indicate that profitability is higher and more persistent when creditors are well protected … information sharing foster competition and erode future profitability …
Persistent link: https://www.econbiz.de/10013135039
balance sheet and bank stock price data were heretofore unavailable. We rectify this data shortcoming by employing a recently …
Persistent link: https://www.econbiz.de/10013010427
Persistent link: https://www.econbiz.de/10011704131