Majandusteaduskonna teadusseminar 8. aprillil
- Aeg:08.04.15 - 08.04.15
Majandusteaduskonna teadusseminar toimub 8. aprillil kell 16.00-17.00 ruumis SOC-415.
Seminar toimub inglise keeles: Karin Jõeveer (Department of Finance and Economics) will present:
Bankers and bank investors: Reconsidering the economies of scale in banking (co-author Ronald W. Anderson, London School of Economics).
Abstract: We study economies of scale in banking by viewing banks as combinations of financial and human capital that create rents which accrue to investors and bankers. In this way we find larger economies of scale in returns to bankers as compared to investors. Scale economies are particularly strong in the top size decile of banks. Introducing observable proxies for funding efficiency, presence in wholesale banking activities and leverage largely accounts for observed scale economies.
The seminar is held in English. Copies of the paper will be available at the seminar.
Everyone is welcome. Please feel free to share this invitation!
Questions regarding the seminar can be addressed to Karsten Staehr, karsten dot staehr at ttu dot ee