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Postmortem on the Federal Reserve's Functional Cost Analysis Program: how useful was the FCA?

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  • Ors, Evren

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File URL: http://www.sciencedirect.com/science/article/pii/S1058-3300(03)00056-9
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Article provided by Elsevier in its journal Review of Financial Economics.

Volume (Year): 13 (2004)
Issue (Month): 1-2 ()
Pages: 121-148

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Handle: RePEc:eee:revfin:v:13:y:2004:i:1-2:p:121-148
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/620170

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  1. Kalish, Lionel, III & Gilbert, R Alton, 1973. "An Analysis of Efficiency of Scale and Organizational Form in Commercial Banking," Journal of Industrial Economics, Wiley Blackwell, vol. 21(3), pages 293-307, July.
  2. Beard, T. Randolph & Caudill, Steven B. & Gropper, Daniel M., 1997. "The diffusion of production processes in the U.S. banking industry: A finite mixture approach," Journal of Banking & Finance, Elsevier, vol. 21(5), pages 721-740, May.
  3. Blackwell, David W. & Brickley, James A. & Weisback, Michael S., 1994. "Accounting information and internal performance evaluation : Evidence from Texas banks," Journal of Accounting and Economics, Elsevier, vol. 17(3), pages 331-358, May.
  4. Mitchell, Karlyn & Onvural, Nur M, 1996. "Economies of Scale and Scope at Large Commercial Banks: Evidence from the Fourier Flexible Functional Form," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 28(2), pages 178-199, May.
  5. Ferrier, Gary D. & Lovell, C. A. Knox, 1990. "Measuring cost efficiency in banking : Econometric and linear programming evidence," Journal of Econometrics, Elsevier, vol. 46(1-2), pages 229-245.
  6. Flannery, Mark J., 1983. "Correspondent services and cost economies in commercial banking," Journal of Banking & Finance, Elsevier, vol. 7(1), pages 83-99, March.
  7. Hunter, William C & Timme, Stephen G & Yang, Won Keun, 1990. "An Examination of Cost Subadditivity and Multiproduct Production in Large U.S. Banks," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 22(4), pages 504-525, November.
  8. Longbrake, William A, 1974. "Computers and the Cost of Producing Various Types of Banking Services," The Journal of Business, University of Chicago Press, vol. 47(3), pages 363-381, July.
  9. Clark, Jeffrey A, 1984. "Estimation of Economies of Scale in Banking Using a Generalized Functional Form," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 16(1), pages 53-68, February.
  10. Berger, Allen N. & Hanweck, Gerald A. & Humphrey, David B., 1987. "Competitive viability in banking : Scale, scope, and product mix economies," Journal of Monetary Economics, Elsevier, vol. 20(3), pages 501-520, December.
  11. Mark J. Flannery, "undated". "The Social Costs of Unit Banking Restrictions," Rodney L. White Center for Financial Research Working Papers 15-82, Wharton School Rodney L. White Center for Financial Research.
  12. Gilligan, Thomas & Smirlock, Michael & Marshall, William, 1984. "Scale and scope economies in the multi-product banking firm," Journal of Monetary Economics, Elsevier, vol. 13(3), pages 393-405, May.
  13. Cebenoyan, A Sinan, 1990. "Scope Economies in Banking: The Hybrid Box-Cox Function," The Financial Review, Eastern Finance Association, vol. 25(1), pages 115-125, February.
  14. Stuart I. Greenbaum, 1967. "Competition and Efficiency in the Banking System--Empirical Research and Its Policy Implications," Journal of Political Economy, University of Chicago Press, vol. 75, pages 461-461.
  15. White, Halbert, 1980. "Using Least Squares to Approximate Unknown Regression Functions," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 21(1), pages 149-170, February.
  16. Mullineaux, Donald J, 1978. "Economies of Scale and Organizational Efficiency in Banking: A Profit-Function Approach," Journal of Finance, American Finance Association, vol. 33(1), pages 259-280, March.
  17. Gropper, Daniel M, 1991. "An Empirical Investigation of Changes in Scale Economies for the Commercial Banking Firm, 1979-1986," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 23(4), pages 718-727, November.
  18. John D. Wolken & Frederick W. Derrick, 1986. "Advertising, market power and non-price competition: evidence from commercial banking," Working Papers in Banking, Finance and Microeconomics 86-3, Board of Governors of the Federal Reserve System (U.S.).
  19. George J. Benston & Allen N. Berger & Gerald A. Hanweck & David B. Humphrey, 1983. "Economies of scale and scope in banking," Research Papers in Banking and Financial Economics 64, Board of Governors of the Federal Reserve System (U.S.).
  20. English, M. & Grosskopf, S. & Hayes, K. & Yaisawarng, S., 1993. "Output allocative and technical efficiency of banks," Journal of Banking & Finance, Elsevier, vol. 17(2-3), pages 349-366, April.
  21. Benston, George J & Hanweck, Gerald A & Humphrey, David B, 1982. "Scale Economies in Banking: A Restructuring and Reassessment," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 14(4), pages 435-456, November.
  22. Kaparakis, Emmanuel I & Miller, Stephen M & Noulas, Athanasios G, 1994. "Short-Run Cost Inefficiency of Commercial Banks: A Flexible Stochastic Frontier Approach," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 26(4), pages 875-893, November.
  23. McAllister, Patrick H. & McManus, Douglas, 1993. "Resolving the scale efficiency puzzle in banking," Journal of Banking & Finance, Elsevier, vol. 17(2-3), pages 389-405, April.
  24. James Heckman & Hidehiko Ichimura & Jeffrey Smith & Petra Todd, 1998. "Characterizing Selection Bias Using Experimental Data," NBER Working Papers 6699, National Bureau of Economic Research, Inc.
  25. David B. Humphrey, 1990. "Why do estimates of bank scale economies differ?," Economic Review, Federal Reserve Bank of Richmond, issue Sep, pages 38-50.
  26. Jeffrey A. Clark, 1988. "Economies of scale and scope at depository financial institutions: a review of the literature," Economic Review, Federal Reserve Bank of Kansas City, issue Sep, pages 16-33.
  27. George J. Benston, 1965. "Branch Banking And Economies Of Scale," Journal of Finance, American Finance Association, vol. 20(2), pages 312-331, 05.
  28. Cebenoyan, A Sinan, 1988. "Multiproduct Cost Functions and Scale Economies in Banking," The Financial Review, Eastern Finance Association, vol. 23(4), pages 499-512, November.
  29. Lawrence, Colin, 1989. "Banking Costs, Generalized Functional Forms, and Estimation of Economies of Scale and Scope," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 21(3), pages 368-379, August.
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