volume 21 issue 7 pages 895-947

Inside the black box: What explains differences in the efficiencies of financial institutions?

Allen N. Berger 1, 2
Loretta J. Mester 3, 4
1
 
Board of Governors of the Federal Reserve System, 20th and C Sts. N.W., Mail Stop 153, Washington, DC 20551, USA
2
 
Wharton Financial Institutions Center, Philadelphia, PA 19104, USA
3
 
Federal Reserve Bank of Philadelphia, Philadelphia, PA 19106, USA
Publication typeJournal Article
Publication date1997-07-01
scimago Q1
wos Q1
SJR1.816
CiteScore7.0
Impact factor3.8
ISSN03784266, 18726372
Economics and Econometrics
Finance
Abstract
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% or more of total banking industry costs and about half of the industry's potential profits. There is no consensus on the sources of the differences in measured efficiency. this paper examines several possible sources, including differences in efficiency concept, measurement method, and a number of bank, market, and regulatory characteristics. We review the existing literature and provide new evidence using data on US banks over the period 1990–1995.
Found 
Found 

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GOST |
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GOST Copy
Berger A. N. et al. Inside the black box: What explains differences in the efficiencies of financial institutions? // Journal of Banking and Finance. 1997. Vol. 21. No. 7. pp. 895-947.
GOST all authors (up to 50) Copy
Berger A. N., Mester L. J. Inside the black box: What explains differences in the efficiencies of financial institutions? // Journal of Banking and Finance. 1997. Vol. 21. No. 7. pp. 895-947.
RIS |
Cite this
RIS Copy
TY - JOUR
DO - 10.1016/S0378-4266(97)00010-1
UR - https://doi.org/10.1016/S0378-4266(97)00010-1
TI - Inside the black box: What explains differences in the efficiencies of financial institutions?
T2 - Journal of Banking and Finance
AU - Berger, Allen N.
AU - Mester, Loretta J.
PY - 1997
DA - 1997/07/01
PB - Elsevier
SP - 895-947
IS - 7
VL - 21
SN - 0378-4266
SN - 1872-6372
ER -
BibTex |
Cite this
BibTex (up to 50 authors) Copy
@article{1997_Berger,
author = {Allen N. Berger and Loretta J. Mester},
title = {Inside the black box: What explains differences in the efficiencies of financial institutions?},
journal = {Journal of Banking and Finance},
year = {1997},
volume = {21},
publisher = {Elsevier},
month = {jul},
url = {https://doi.org/10.1016/S0378-4266(97)00010-1},
number = {7},
pages = {895--947},
doi = {10.1016/S0378-4266(97)00010-1}
}
MLA
Cite this
MLA Copy
Berger, Allen N., et al. “Inside the black box: What explains differences in the efficiencies of financial institutions?.” Journal of Banking and Finance, vol. 21, no. 7, Jul. 1997, pp. 895-947. https://doi.org/10.1016/S0378-4266(97)00010-1.