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Most previous research on efficiency in banking takes a regulatory perspective. In contrast, this paper investigates the empirical relation between efficiency and profitability in five large economies of the European Union during the period 1998-2005 and discusses the results from the...
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based on an interest rate channel for France and Germany using non-nested hypothesis tests and omitted variables tests. For … the capital budgeting model with a stock market channel. The results for Germany are mixed. For Monetary Financial …
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based on an interest rate channel for France and Germany using non-nested hypothesis tests and omitted variables tests. For … rate channel and non-rejection of the capital budgeting model. The results for Germany were mixed. For Monetary Financial …
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