Showing papers on "Accounting period published in 2003"
Posted Content•
TL;DR: In this article, the authors derived an exact analytical relationship between the accounting period and inequality as measured by the Gini index, which is similar to the decomposition of the coefficient of variation.
Abstract: Income inequality typically declines with the length of time taken into account for measurement. This note derives an exact analytical relationship between the accounting period and inequality as measured by the Gini index. The formal relationship is similar to the decomposition of the coefficient of variation. The methodology is illustrated with panel data on urban wages from Mexico. It is found that the effect of the accounting period on inequality is sensitive to the properties of the Gini correlations between the periodical incomes. Reporting this type of correlation enables the evaluation of the impact of the length of the accounting period on inequality.
29 citations
TL;DR: In this paper, the authors evaluate the financial performance of virtually all of the branch offices of a large European savings bank for a recent six-month accounting period and find substantial variation in the ability of branch offices to perform this task, and substantial agreement on the identity of the branches at the bottom of the performance distribution.
Abstract: In this paper we evaluate the financial performance of virtually all of the branch offices of a large European savings bank for a recent sixmonth accounting period. We employ a complementary pair of nonparametric techniques to evaluate their financial performance, in terms of their ability to conserve on the expenses they incur in the process of building their customer bases and providing customer services valued by the bank. We find substantial variation in the ability of branch offices to perform this task, and substantial agreement on the identity of the branches at the bottom of the performance distribution. We then employ parametric techniques to determine that the list of indicators on which their financial performance is currently evaluated can be substantially reduced without statistically significant loss of information to bank management. Both findings suggest ways in which the bank can increase the profitability of its branch network.
6 citations
Posted Content•
TL;DR: In this paper, the authors evaluate the financial performance of virtually all of the branch offices of a large European savings bank for a recent six-month accounting period and find substantial variation in the ability of branch offices to perform this task, and substantial agreement on the identity of the branches at the bottom of the performance distribution.
Abstract: In this paper we evaluate the financial performance of virtually all of the branch offices of a large European savings bank for a recent six-month accounting period. We employ a complementary pair of nonparametric techniques to evaluate their financial performance, in terms of their ability to conserve on the expenses they incur in the process of building their customer bases and providing customer services valued by the bank. We find substantial variation in the ability of branch offices to perform this task, and substantial agreement on the identity of the branches at the bottom of the performance distribution. We then employ parametric techniques to determine that the list of indicators on which their financial performance is currently evaluated can be substantially reduced without statistically significant loss of information to bank management. Both findings suggest ways in which the bank can increase the profitability of its branch network.
1 citations