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This paper examines the links between productivity and social welfare, with an application to the banking industry. It models spatial price competition between bank branches jointly with banks’ decisions on the opening or closing of branches based on profit expectations. The model predicts...
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This Paper analyses the gender wage gaps by education throughout the wage distribution in Spain. Quantile regressions are used to estimate the wage returns to the different characteristics at the more relevant percentiles. A correction for the selection bias is included for the group of less...
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This paper analyses the gender wage gaps by education throughout the wage distribution in Spain using individual data from the ECHP (1999). Quantile regressions are used to estimate the wage returns to the different characteristics at the more relevant percentiles and a suitable version of the...
Persistent link: https://www.econbiz.de/10005761959
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The observed high levels of banks’ operating efficiency, profi ts and market values in the years before the financial crisis raise reasonable doubts about the information content of conventional performance measures for the accurate assessment of the efficiency of banking intermediation. In...
Persistent link: https://www.econbiz.de/10010862248
The high levels of operating efficiency, profits, and market values for banks in the years before the financial crisis raise reasonable doubts about the accuracy of the assessments of the efficiency of banking intermediation. We examine the productivity growth in Spanish banks in the pre-crisis...
Persistent link: https://www.econbiz.de/10011051602