Lapteacru, Ion - In: International Journal of Economic Policy in Emerging … 3 (2010) 2, pp. 158-182
We study the role of the banking competition and of the banks' efficiency scores in the transmission of monetary policy in the 10 new European Union member-states. The banking competition is measured by H-statistics of Panzar and Rosse, and the efficiency scores are estimated by non-parametric...