Philip Molyneux

TL;DR: This article used a pooled time series approach to estimate a linear equation, regressing performance measures against a variety of internal (staff expenses, capital ratios, liquidity ratios) and external (concentration ratios, government ownership, interest rates, market growth and inflation).

TL;DR: In this article, the authors investigated the profitability of European banks during the 1990s using cross-sectional, pooled crosssectional time-series and dynamic panel models and found that the relationship between the importance of off-balance-sheet business in a bank's portfolio and profitability is positive for the UK but either neutral or negative elsewhere.

TL;DR: In this paper, the authors extend the established literature on modelling the cost characteristics of banking markets by applying the flexible Fourier functional form and stochastic cost frontier methodologies to estimate scale economies, X-inefficiencies and technical change for a large sample of European banks between 1989 and 1997.

TL;DR: In this article, the Tobit regression model was used to evaluate the determinants of bank efficiency in the European banking market, and it was shown that since the EU's Single Market Programme there has been a small improvement in bank efficiency levels, although there is little evidence that these have converged.

TL;DR: In this paper, the authors use a variety of approaches to model cost and profit inefficiencies as well as technical change for different ownership types in the German banking market and find little evidence to suggest that privately owned banks are more efficient than their mutual and public-sector counterparts.