Deregulation, financial crisis, and bank efficiency in Taiwan: an estimation of undesirable outputs
نویسندگان
چکیده
منابع مشابه
Deregulation and the Financial Crisis∗
The recent pronouncement by Sandy Weill, the former Chairman and CEO of Citigroup, that the separation between commercial banking and securities underwriting should be reinstituted has reignited the debate about the role of bank deregulation as a cause of the subprime crisis. In particular, Mr. Weill’s comments have been taken as evidence that the 1999 repeal of the Glass-Steagall Act, containe...
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Since data envelopment analysis (DEA) introduced in 1970s, it has been widely applied to measure the efficiency of a wide variety of production and operation systems. Recently DEA has been extended to examine the efficiency of decision making units (DMUs) with two-stage network structures or processes, where the outputs from the first stage are intermediate measures that make up the inputs of t...
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Since data envelopment analysis (DEA) introduced in 1970s, it has been widely applied to measure the efficiency of a wide variety of production and operation systems. Recently DEA has been extended to examine the efficiency of decision making units (DMUs) with two-stage network structures or processes, where the outputs from the first stage are intermediate measures that make up the inputs of t...
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I test theories of the recent financial crisis by studying how banks’ pre-crisis investments connect to their CEOs’ beliefs. Using different proxies for beliefs, I find banks with larger housing investments and worse crisis performance had CEOs who were more optimistic ex ante. Banks with the most optimistic CEOs experienced 20 percentage points higher real estate loan growth, and 15 percentage...
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ژورنال
عنوان ژورنال: Pressacademia
سال: 2018
ISSN: 2146-7943
DOI: 10.17261/pressacademia.2018.792