Barros, Carlos Pestana; Wanke, Peter - In: Journal of International Financial Markets, … 28 (2014) C, pp. 54-65
This paper analyses efficiency in Brazilian banks from 1998 to 2010 with a Bayesian dynamic frontier model. This model provides a more structural explanation for the variation in bank inefficiency than that has been presented by previous models, and also allows for cost inefficiency effects. On...