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Measuring efficiency at U.S. banks: Accounting for heterogeneity is important

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Mester, Loretta J.

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Article provided by Elsevier in its journal European Journal of Operational Research.

Volume (Year): 98 (1997)
Issue (Month): 2 (April)
Pages: 230-242
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Handle: RePEc:eee:ejores:v:98:y:1997:i:2:p:230-242

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Mester, Loretta J., 1996. "A study of bank efficiency taking into account risk-preferences," Journal of Banking & Finance, Elsevier, vol. 20(6), pages 1025-1045, July. [Downloadable!] (restricted)
  2. Waldman, Donald M., 1982. "A stationary point for the stochastic frontier likelihood," Journal of Econometrics, Elsevier, vol. 18(2), pages 275-279, February. [Downloadable!] (restricted)
  3. Joseph P. Hughes & William W. Lang & Loretta J. Mester, 1995. "Recovering technologies that account for generalized managerial preferences: an application to non-risk neutral banks," Working Papers 95-8/R, Federal Reserve Bank of Philadelphia.
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  4. Jondrow, James & Knox Lovell, C. A. & Materov, Ivan S. & Schmidt, Peter, 1982. "On the estimation of technical inefficiency in the stochastic frontier production function model," Journal of Econometrics, Elsevier, vol. 19(2-3), pages 233-238, August. [Downloadable!] (restricted)
  5. Mester, Loretta J., 1992. "Traditional and nontraditional banking: An information-theoretic approach," Journal of Banking & Finance, Elsevier, vol. 16(3), pages 545-566, June. [Downloadable!] (restricted)
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  6. Mester, Loretta J., 1993. "Efficiency in the savings and loan industry," Journal of Banking & Finance, Elsevier, vol. 17(2-3), pages 267-286, April. [Downloadable!] (restricted)
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  7. Joseph P. Hughes & William Lang & Loretta J. Mester & Choon-Geol Moon, 1996. "Efficient banking under interstate branching," Proceedings, Board of Governors of the Federal Reserve System (U.S.), pages 1045-1075.
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  8. P.A.V.B. Swamy & Jalal D. Akhavein & Stephen B. Taubman, 1994. "A general method of deriving the efficiencies of banks from a profit function," Finance and Economics Discussion Series 94-11, Board of Governors of the Federal Reserve System (U.S.).
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  9. Joseph P. Hughes & Loretta J. Mester, . "A Quality and Risk-Adjusted Cost Function for Banks: Evidence on the "Too-Big-To-Fail" Doctrine," Rodney L. White Center for Financial Research Working Papers 25-92, Wharton School Rodney L. White Center for Financial Research.
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. J.A. Bikker, 2003. "Efficiency and Cost Differences across Countries in a Unified EuropeanBanking Market," DNB Staff Reports (discontinued) 87, Netherlands Central Bank. [Downloadable!]
    Other versions:
  2. Guohua Feng & Apostolos Serletis, 2009. "Efficiency and productivity of the US banking industry, 1998-2005: evidence from the Fourier cost function satisfying global regularity conditions," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 24(1), pages 105-138. [Downloadable!]
  3. Loretta J. Mester, 2005. "Optimal industrial structure in banking," Working Papers 08-2, Federal Reserve Bank of Philadelphia. [Downloadable!]
  4. J.A. Bikker, 1999. "Efficiency in the European banking industry: an exploratory analysis to rank countries," Research Series Supervision (discontinued) 18, Netherlands Central Bank, Directorate Supervision. [Downloadable!]
  5. Martin A. Carree, 2002. "Technological Inefficiency and the Skewness of the Error Component in Stochastic Frontier Analysis," Tinbergen Institute Discussion Papers 02-012/2, Tinbergen Institute. [Downloadable!]
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  6. Ariel Dinar & Giannis Karagiannis & Vangelis Tzouvelekas, . "Evaluating the Impact of Public and Private Agricultural Extension on Farms Performance: A Non-neutral Stochastic Frontier Approach," Working Papers 0205, University of Crete, Department of Economics. [Downloadable!]
  7. Jason Allen & Walter Engert & Ying Liu, 2006. "Are Canadian Banks Efficient? A Canada--U.S. Comparison," Working Papers 06-33, Bank of Canada. [Downloadable!]
  8. Danilo Camargo Igliori, 2005. "Determinants Of Technical Efficiency In Agriculture And Cattle Ranching: A Spatial Analysis For The Brazilian Amazon," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33th Brazilian Economics Meeting] 137, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics]. [Downloadable!]
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