| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10488007 | Journal of Financial Stability | 2013 | 10 Pages |
Abstract
⺠Measurement of IT-augmented bank productivity using recent GMM methodology by Wooldridge (2009). ⺠We find a substantial upward bias in bank productivity estimates when ignoring banks' IT expenditure. ⺠Higher IT-augmented bank productivity correlates positively with banks' markups. ⺠We find that only the productive employment of IT translates into higher margins while simply increasing IT intensity has no positive effect.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics, Econometrics and Finance (General)
Authors
Michael Koetter, Felix Noth,