Sfiridis, James M.; Daniels, Kenneth N. - In: The Financial Review 39 (2004) 1, pp. 153-179
The relative cost efficiency of the mutual versus stock forms of ownership for thrifts has been a relevant issue in an era of deregulation and competition in the financial services industry. In this study, Bayesian-based Markov chain Monte Carlo (MCMC) resampling methods are used to solve a...