This paper examines whether the efficiency structure hypothesis holds true for Japanese major commercial banks using a panel data set covering the period from fiscal year 1974 to 2001. The efficiency ...

Successful completion of this course demonstrate your achievement of the following learning outcomes for the MS-DS program: Define a composite hypothesis and the level of significance for a test with ...

This paper proposes a new test of the efficient structure hypothesis by directly examining the relation between firm efficiency and firm growth. This is also a test of the so-called quiet-life ...