| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 963367 | Journal of International Financial Markets, Institutions and Money | 2013 | 20 Pages |
Abstract
⺠We examine the change in efficiency scores of banks that received funding from the Trouble Assets Relief Program (TARP). ⺠We employ Data Envelopment Analysis technique (DEA) to measure efficiency. ⺠TARP banks experience larger decreases in efficiency than non-TARP banks upon receipt of funding from TARP. ⺠When the likelihood of receiving the capital injection is higher, the change in bank efficiency is worse. ⺠We attribute the decreases in efficiency to bailout related moral hazards.
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Authors
Oneil Harris, Daniel Huerta, Thanh Ngo,