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. A number of open
questions remain and this book reviews recent issues and
state-of-the-art techniques in the assessment of the efficiency and
productivity of financial institutions. Written by an international team
of experts, the first part of the book links efficiency with a variety
of topics like Latin American banking, market discipline and governance,
economics of scale, off-balance-sheet activities, productivity of
foreign banks, mergers and acquisitions, and mutual fund ratings. The
second part of the book compares existing techniques and
state-of-the-art techniques in the bank efficiency literature, including
among others, network data envelopment analysis and quantile regression.
The book is suitable for academics and professionals as well as
postgraduate research students working in banking and finance.
Efficiency and Productivity Growth:
- Provides an authoritative introduction to efficiency and productivity
analysis with applications in both the banking and mutual funds
industry such as efficiency of Asian banks, cooperatives and
not-for-profit credit associations.
- Explores contemporary research issues in the area of efficiency and
productivity measurement in the financial sector.
- Evaluates the most suitable approaches to selecting inputs and outputs
as well as selecting the most efficient techniques, such as parametric
and non-parametric, to estimate the models.
