This paper investigates the association between market power and bank liquidity across 113 developed and developing countries. Using bank-level measures of market power (both a conventional and a funding-adjusted Lerner index) and Generalised Methods of Moments estimators, we find an inverse...

Purpose – Since there is no agreement on the consistency of their estimates, the purpose of this paper is to investigate whether parametric stochastic frontier analysis (SFA) and nonparametric data envelopment analysis (DEA) generate consistent bank efficiency assessments....

Purpose – Since there is no agreement on the consistency of their estimates, the purpose of this paper is to investigate whether parametric stochastic frontier analysis (SFA) and nonparametric data envelopment analysis (DEA) generate consistent bank efficiency assessments....