Too Big to Be Efficient? The Impact of Implicit Subsidies on Estimates of Scale Economies for Banks

Material TypeArticleLanguageEnglish
TitleToo Big to Be Efficient? The Impact of Implicit Subsidies on Estimates of Scale Economies for Banks Author(S)RICHARD DAVIES (Author)
Abstract  We examine whether “too-big-to-fail” (TBTF) factors affect estimates of scale economies for large banks. From a standard model of bank production that does not control for any TBTF factors, we find evidence of scale economies for our sample of large banks. ...Paginationp 219–253
SubjectEconomicsDescriptorsEconomics
Journal TitleJournal of Money, Credit, and Banking  
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