This paper evaluates the efficiency of the twenty-one largest Syndicates of Lloyd's of London. Members of Lloyd's of … 2004 and 2011. Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) are used to estimate the efficiency …, that the average annual efficiency estimates for all Syndicates are plausible and they follow three-year cycles. Secondly …

This paper investigates the relative importance of microfinance institutions (MFIs) at both the macro (financial … development, economic growth, income inequality, and poverty) and micro levels (efficiency of traditional commercial banks). We … them to more competition triggering higher efficiency …