Analyzing the profitability, competition and efficiency of banks, this book provides an all-embracing framework for the various existing theories in this area and illustrates them with successful practical applications.
Analyzing the profitability, competition and efficiency of banks, this book provides an all-embracing framework for the various existing theories in this area and illustrates them with successful practical applications.
Part 1: Background 1. Introduction 2. Production of the Banking Firm 3. Regulation of the Banking Firm Part 2: Theoretical Framework 4. Basic Model of Bank Performance 5. Market Power Models 6. Efficiency of Banks 7. Synthesis Part 3: Trends in Banking 8. Trends and the Basic Framework Part 4: Empirical Results 9. Data 10. The Bresnahan Model 11. Panzar-Rosse Model 12. Structure-Conduct-Performance-Model 13. Cournot Model 14. X-Efficiency 15. Scale and Scope Economies 16. Synthesis: The Measurement of Competition and Efficiency Part 5: Conclusions 17. Summing Up 18. Research Agenda