The goal of this essay is to examine estimates of individual bank X-efficiency across time. First, we estimate a translog flexible function specification of bank efficiency during the period 1988-1997. Then, we estimate a time-series/cross-sectional model with independent variables that reflect business cycle and monetary policy conditions that may affect bank performance. Like Calomiris and Ma...

This paper investigates whether different types of regulation may have a direct or indirect (through market power) impact on bank’s efficiency. We use a set of data containing European banks to consider the impact of regulations related to capital requirements, official supervisory power, restrictions on bank activities, and private monitoring on bank efficiency. Our results suggest that offici...

Despite extensive research interest in the last decade, the banking literature has not reached a consensus on the impact of bank mergers on deposit rates. In particular, results on the dynamics of deposit rates surrounding bank mergers vary substantially across studies. In this paper, we aim for a comprehensive empirical analysis of a bank merger’s impact on deposit rate dynamics. We base the a...

An efficient realization of a low delay filter−bank will be proposed, which can be regarded as a filter−bank used as equalizer with either fixed or time−varying spectral gain factors. The proposed filter−bank equalizer (FBE) results in a time−domain filter whose coefficients are adapted in the (short−term) spectral−domain. Perfect signal reconstruction is obtained for a broad class of spectral ...

This paper studies the impact of foreign bank entry on domestic firms’ access to bank credit using a within-country staggered geographic variation in the policy of foreign bank lending in China. The paper finds that after foreign bank entry profitable firms use more long-term bank loans; whereas firms with higher value of potential collateral do not. It also finds that non-state-owned firms bec...

The Cloud Bank model, which is derived from Grid bank [1], is a kind of commerce model of cloud computing that provides pay-as-you-go computing resources. In this model, Cloud Bank is an agent platform of resource transaction. Cloud computing uses the concept of service level agreement (S LA) to control the use and receipt of computing resources from, and by, Cloud Bank. As computing resources ...

This paper examines the association between government ownership and bank stability over 1997-2010 across a sample of 103 countries. With a continuous variable to proxy for government ownership, our system GMM estimates indicate that the association between government ownership and bank stability depends on a country’s economic development and regulatory quality. In developed, high income count...