DeYoung, Robert; Nolle, Daniel E - In: Journal of Money, Credit and Banking 28 (1996) 4, pp. 622-36
Foreign-owned U.S. banks have been chronically unprofitable for more than a decade. The authors employ a profit efficiency model introduced by Allen N. Berger, Diana Hancock, and David B. Humphrey (1993), modified to be less sensitive to variations in asset size, to estimate the relative profit...