This study examines the impact of bond markets on both bank profit and cost efficiency. By employing the stochastic … efficiency. The development of bond markets generally has a positive (negative) effect on bank profit (cost) efficiency. Given … local currency corporate bonds is significantly and positively related to both bank profit and cost efficiency. In addition …

are regulated, including the need to obtain a charter to operate and explicit and implicit federal guarantees of bank … liabilities to reduce the probability of bank runs. These aspects of banking affect a bankś choice of risk vs. expected return …, which, in turn, affects bank performance. Banks have an incentive to reduce risk to protect the valuable charter from …

Cross-border bank positions in Asia and the Pacific remain highly concentrated to few counterparties, exposing the … financial stability. To this end, we construct cross-border bank concentration measures for 47 economies in Asia and the Pacific …, are significantly associated with lower cross-border bank concentration. Moreover, elevated cross-border bank …

evidence on the existence of different bank technologies in international banking with different response schedules to external …. Using bank level structural variables we determine four different profit and cost banking technologies in the data. Further … analysis indicates heterogeneity not only among the level of profit and cost efficiency, but also regarding the response of …