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Labour Cost Efficiency in UK and Irish Credit Institutions

Trevor Fitzpatrick and Kieran McQuinn

The Economic and Social Review, 2005, vol. 36, issue 1, 45–66

Abstract: This paper presents aggregated cost efficiency scores for a balanced panel of British and Irish credit institutions and relates these scores to loan loss reserves as a first step in investigating their usefulness as possible indicators of financial fragility. The efficiency scores are obtained using the two most popular methods of efficiency measurement – data envelopment analysis (DEA) and the stochastic frontiers approach.

Date: 2005
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http://www.esr.ie/Vol36_1/Vol36_1FitzpatrickQuinn.pdf First version, 2005 (application/pdf)

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