Finance and Economics Discussion Series: Inside the Black Box: What Explains Differences in the Efficiencies of Financial Institutions by Loretta J. Mester, Allen N. Berger

Finance and Economics Discussion Series: Inside the Black Box: What Explains Differences in the Efficiencies of Financial Institutions

Loretta J. Mester, Allen N. Berger

62 pages • missing pub info (editions)

nonfiction politics challenging informative reflective medium-paced
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Over the past several years, substantial research effort has gone into measuring the efficiency of financial institutions. Many studies have found that inefficiencies are quite large, on the order of 20 percent or more of total banking industry co...

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