We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this … relationship. We model the inter-temporal relationships among efficiency, capital and risk for a large sample of commercial banks … supporting the bad management and efficiency version of the moral hazard hypotheses. In contrast, bank efficiency improvements …

In a stochastic frontier setting, we examine technical efficiency in the Middle East and North Africa (MENA). Evidence … technical efficiency profiles. The MENA have been characterized by increasing economic efficiency over time but with marked … for related studies of development technical efficiency. …

variance of the process. The latter is derived through bootstrap exercises using the models alone or pooled together. The …, the bootstrap exercises point to confidence bands close to 1 per cent around the estimated value. …

bootstrap analysis exploits information contained in these reaction functions and constructs counterfactual distributions of …

main contribution is the use of bootstrap methods, which offer more insight into the Feenstra method and can explain why … researchers applying it may tend to find high estimates. The bootstrap not only allows us to obtain considerably less biased …

. We find that cost efficiency in the euro area banking sector amounted to around 84% on average over the 2006 to 2017 …% in 2007 to around 1% in 2017, with technological progress being the largest contributor, followed by technical efficiency …

. We find that cost efficiency in the euro area banking sector amounted to around 84% on average over the 2006 to 2017 …% in 2007 to around 1% in 2017, with technological progress being the largest contributor, followed by technical efficiency …