An authoritative introduction to efficiency and productivity analysis with applications in both the banking and finance … industry In light of the recent global financial crisis, several studies have examined the efficiency of financial institutions … of the efficiency and productivity of financial institutions. Written by an international team of experts, the first part …

This paper examines the properties of the X-inefficiencies in U.S. bank holding companies derived from both stochastic … efficiency measured by the two different techniques, we find some large differences. We find evidence that the stochastic … findings, we conclude that while both methods produce informative efficiency scores, for this data set decision makers should …

the efficiency of institutions worldwide, the problem concerning the availability of internationally standardized data …. We calculate efficiency scores for more than 4,800 universities and other research-focused institutions worldwide … America or Europe. The results of the study show that institutions in the Pacific region have the highest average efficiency …