Search Results
Journal Article
Ronald Coase; the nature of firms and their costs
Journal Article
Beyond the outsourcing angst: making America more productive
Journal Article
Quantifying management's role in bank survival
Analysts often regard the quality of bank management as the most important factor in determining whether a bank fails or survives. Applying data envelopment analysis to multiple bank inputs and outputs, Thomas F. Siems presents a new model that quantitatively assesses bank management quality. This new paradigm considers a bank's essential financial intermediation functions (that is, attracting deposits to make loans and investments) to compute a scalar measure of efficiency. ; Siems' analysis confirms that management's role is important to a bank's survival. Management quality scores for ...
Journal Article
B2B emarketplace announcements and shareholder wealth
In the business-to-business (B2B) sector, new supply-chain models within electronic marketplaces (eMarketplaces) offer firms significantly lower procurement costs, increased operating efficiencies, and expanded market opportunities. Using event-study methodology to look at the period July 1999-March 2000, Andrew Chen and Thomas Siems find that investors reacted favorably to B2B eMarketplace announcements, with slightly higher abnormal returns associated with vertical than with horizontal eMarketplaces. They also find significant positive abnormal returns for e-commerce technology providers ...
Working Paper
Evaluating the productive efficiency and performance of U.S. commercial banks
This paper reviews various approaches to the measurement of core inflation that have been proposed in recent years. The objective is to determine whether the European Central Bank (ECB) should pay special attention to one or other of these measures in assessing inflation developments in the euro area. I put particular emphasis on the conceptual and practical problems that arise in the measurement of core inflation, and propose some criteria that could be used by the ECB to choose a core inflation measure.
Journal Article
Restoring confidence and growth
Journal Article
The time-proven community bank model
Journal Article
Help wanted: looking beyond the headline unemployment rate