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Mohammad I. Al Masud and Levent Kutlu
''US Bank Efficiency and FED Activity''
( 2018, Vol. 38 No.4 )
We examine the relationship between cost efficiency of US banks and FED activity level. It turns out that FED actions have a positive effect on cost efficiencies of the US banks. In particular, as the number of FED actions increases, the cost efficiencies of the US banks increases. This illustrates the importance of FED's role in reaching a more cost efficient banking system.
Keywords: Stochastic Frontier; Efficiency; US Banks; Federal Reserve System
JEL: D2 - Production and Organizations: General
G2 - Financial Institutions and Services: General
Manuscript Received : Dec 18 2017 Manuscript Accepted : Oct 31 2018

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