Article ID Journal Published Year Pages File Type
5089846 Journal of Banking & Finance 2012 13 Pages PDF
Abstract
► We compare the productivity and efficiency of large and community banks in the US. ► This is performed within a Bayesian true random effects SFA model. ► The model is capable of disentangling unobserved heterogeneity from inefficiency. ► Failure to allow for unobserved heterogeneity will result in misleading results. ► Large banks have shown higher productivity growth, but lower efficiencies.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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