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Basu et al., 2011 - Google Patents

The value of risk: measuring the service output of US commercial banks

Basu et al., 2011

View PDF
Document ID
17993008684362407201
Author
Basu S
Inklaar R
Wang J
Publication year
Publication venue
Economic Inquiry

External Links

Snippet

Banks often charge implicitly for their services via interest spreads, instead of explicit fees. Much of bank output thus has to be estimated indirectly. In contrast to current statistical practice, dynamic optimizing models of banks argue that compensation for bearing …
Continue reading at www.nber.org (PDF) (other versions)

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