Course literature

Below, you find the course literature. Whenever possible, I include the literature with active links. Note however, that you (or your library) need to have a subscription to journal articles in order to access them.

Each week, you are expected to read the articles listed for that week. Reading an article means carefully going through the article, check if you can (re)do any derivations, and make sure you understand the econometrics involved. If a paper is still a mimeo, you can email me to request it.

Bank productivity and efficiency

Content

In this session, we discuss the measurement of the productivity and efficiency of banks.

Literature

• Bikker, Jacob, Jaap Bos (2004), "Trends in Competition and Profitability in the Banking Industry: A Basic Framework," DNB Working Papers 018, Netherlands Central Bank, Research Department.

• Bos, J.W.B., M. Koetter, J.W. Kolari, C.J.M. Kool (2009), “Effects of heterogeneity on bank efficiency scores,” European Journal of Operational Research, 195, 251-261.

• Bos, J.W.B., J.W. Kolari (2005), “Large Bank Efficiency in Europe and the United States: Are There Economic Motivations for Geographic Expansion in Financial Services?,” Journal of Business, vol. 78(4), pages 1555-1592, July.

• Bos, J.W.B., H. Schmiedel (2007), “Is there a single frontier in a single European banking market?," Journal of Banking and Finance, 31, 2081-2102.

• Greene, W. H. (2003), Econometric analysis (Prentice Hall, Upper Saddle River NJ), Chapters 7 and 8.

Assignment

• none.

Handout

• Download NAKE_Lecture1_Handout_2011.pdf

The rest is coming soon!

Dec 28, 2011