Kaparakis, Emmanuel I; Miller, Stephen M; Noulas, … - In: Journal of Money, Credit and Banking 26 (1994) 4, pp. 875-93
We adopt the intermediation approach, and use a flexible stochastic frontier to examine the cost efficiency of United States commercial banks with total assets in excess of & Million. We find an average overall inefficiency of just under 10 percent, a level somewhat lower than found in previous...