Fungácová, Zuzana; Pessarossi, Pierre; Weill, Laurent - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2012
This paper addresses the relationship between bank competition and efficiency by computing Lerner indices and cost … competition over the period, even as cost efficiency improves. In a departure from the empirical literature showing that … competition negatively granger-causes cost efficiency for Western banks, we find no significant relation between competition and …