Showing 1 - 10 of 11,836
The author's study analyzes, loan valuation methods using discrete time model of contingent claims analysis. In the empirical test, the undiversifiable risk was measured by the correlation coefficient of one borrower with the average return of all borrowers. The results of the test supported the...
Persistent link: https://www.econbiz.de/10012920146
This study examines the factors that determine differences in efficiency of foreign banks in the host market (Australia … comparative advantage and new trade theories. Parametric distance functions are used to estimate the efficiency of foreign banks … bounds analysis. It is found that following clients reduces the efficiency of profit creation. Incumbent bank's market share …
Persistent link: https://www.econbiz.de/10013149373
can be concrete in time of crises. We analyze the contribution of efficiency to cooperative bank probability of default …. We estimate several measures of bank efficiency (focusing on costs, revenues, net profits, operating income … role. By using a discrete-time survival model, we show that efficiency has a positive and statistically significant link …
Persistent link: https://www.econbiz.de/10013093780
efficiency of individual banks, are also of great importance to profitability (proxied by ROA and ROE ratios) of banking sectors …. Our results suggest that banking sector specific determinants affect the efficiency of banks in anticipated way …. Macroeconomic variables have statistically significant impact on both ROA and ROE. The sensitivity of efficiency to both groups of …
Persistent link: https://www.econbiz.de/10012981007
We evaluate the effects of structural tax reforms on government spending efficiency in a sample of OECD economies over … the period 2007-2016. After calculating input spending efficiency scores, we assess the relevance for efficiency of … narrative tax changes in a panel setup. We find that: i) input efficiency scores average around 0.6-07; ii) increases in the tax …
Persistent link: https://www.econbiz.de/10012504410
background of two concepts of performance evaluation – the terms efficiency and productivity, and empirically, the performance …
Persistent link: https://www.econbiz.de/10012178843
input and output orientation, for measuring efficiency. Further, the Tobit regression model is used in the second stage to … average efficiency scores of public sector banks (PSBs) are higher than private banks. The Z-score indicates that both PSBs … levels are significantly related to all types of efficiencies for private banks. On the other hand, the efficiency of PSBs is …
Persistent link: https://www.econbiz.de/10014500497
This paper empirically links the efficiency and performance assessment of the general government, proxied by efficiency … scores, to the trust in government. Government spending efficiency scores are first computed via data envelopment analysis … (DEA). Then, relying on panel data and instrumental variable approaches, we estimate the effect of public sector efficiency …
Persistent link: https://www.econbiz.de/10013445458
institutions are looking for ways to cut costs and to increase their efficiency in production. This paper proposes a new … efficiency are applied, whereas each is analysed by a distinct DEA approach. The results document not only the existence of …
Persistent link: https://www.econbiz.de/10013151128
model of data envelopment analysis. Each efficiency dimension reveals the strengths, weaknesses, and improvement …
Persistent link: https://www.econbiz.de/10013028962