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 …

. cost and wage vs. employment adjustments in response to cost-push shocks depend - in theoretically sensible ways - on the … intensity of competition in firms' product markets, on the importance of collective wage bargaining and on other structural and … institutional features of firms and of their environment. Focusing on the passthrough of cost shocks to prices, our results suggest …