Similar Search Results

Measuring capital in the new economy

Corrado, Carol (ed.); Haltiwanger, John C. (contributor); … - 2005

Persistent link: https://www.econbiz.de/10013336566

Scroogenomics : why you shouldn't buy presents for the holidays

Waldfogel, Joel - 2009

Persistent link: https://www.econbiz.de/10013503327

Endogeneity in stochastic frontier models

Amsler, Christine Elaine; Prokhorov, Artem; Schmidt, Peter - In: Journal of econometrics 190 (2016) 2, pp. 280-288

Persistent link: https://www.econbiz.de/10011592266

Bank Cost Efficiency and Credit Market Structure Under a Volatile Exchange Rate

Mamonov, Mikhail; Parmeter, Christopher F.; Prokhorov, Artem - 2022

We study the differential impact of exchange rate volatility on cost efficiency and market structure when banks have … cost efficiency estimates are both severely downward biased---by 30 percentage points on average---and generally not rank … dependence in the bank cost efficiency rankings constructed with the revaluations being kept or dropped. We relate this …

Persistent link: https://www.econbiz.de/10013289130

Improving Predictions of Technical Inefficiency

James, Robert; Prokhorov, Artem; Amsler, Christine Elaine; … - 2022

The traditional predictor of technical inefficiency proposed by Jondrow et al. (1982) is a conditional expectation. We study whether, and by how much, the predictor can be improved by using auxiliary information in the conditioning set. To do so, we use simulations to study two types of...

Persistent link: https://www.econbiz.de/10013293696

Bank Cost Efficiency and Credit Market Structure Under a Volatile Exchange Rate

Mamonov, Mikhail; Parmeter, Christopher F.; Prokhorov, Artem - 2022

We study the differential impact of exchange rate volatility on cost efficiency and market structure when banks have … non-trivial exposures to foreign currency operations. First, we document that cost efficiency estimates are both severely …

Persistent link: https://www.econbiz.de/10014238705

Wholesale Payments and Financial Discipline, Efficiency, and Liquidity

Folkerts-Landau, D. F. I. - 1997

Properly designed wholesale payments system can make a significant contribution to enhancing market discipline in the financial sector, reducing the risk of systemic disturbance and permitting a less extensive safety net for financial institutions. The objective of these reforms has been to...

Persistent link: https://www.econbiz.de/10014403300

The Tax Treatment of Government Bonds

Norregaard, John - 1997

In their effort to finance fiscal deficits at a reasonable cost, governments compete with other users of financial capital. Governments, however, are in the unique position that they are the only debt suppliers that can determine the taxation of debt instruments they issue. Following an overview...

Persistent link: https://www.econbiz.de/10014403365

The Redistributive Effects of Financial Deregulation

Korinek, Anton - 2013

Financial regulation is often framed as a question of economic efficiency. This paper, by contrast, puts the … risktaking map into different levels of welfare for the two parties. A regulator has to trade off efficiency in the financial … sector, which is aided by deregulation, against efficiency in the real economy, which is aided by tighter regulation and a …

Persistent link: https://www.econbiz.de/10014394411

National innovation efficiency during the global crisis : a cross-country analysis

Özkan-Günay, Emine Nur; Kazazoglu, Gozde Nur - 2016

Persistent link: https://www.econbiz.de/10011517359