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Revisiting the quiet life hypothesis in banking using nonparametric techniques

Färe, Rolf; Grosskopf, Shawna; Maudos, Joaquín; Tortosa-Ausina, Emili Copyright © 2014 Taylor & Francis (2014-12)

Early studies testing the quiet life hypothesis in banking found strong evidence that banks in more concentrated markets exhibit lower cost efficiency levels. More recent studies have reexamined the issue in different ...