Banks with different ownership types adjust differently to changes in regulatory
environments. Although this topic has been widely studied, all the previous studies fail to …

We derive simple, multi-step estimation methods for a linear model with heterogeneous
coefficients when there are both continuous and discrete endogenous explanatory …

Credit union numbers in the United States have declined since 1969. Changes in financial
performance of US credit unions have contributed to this decline. This paper discusses how …

Significant scale economies have been recently cited to rationalize a dramatic growth in the
US retail credit union sector over the past few decades. In this paper, we explore another …

This paper considers a flexible panel data sample selection model in which (i) the outcome
equation is permitted to take a semiparametric, varying coefficient form to capture potential …

Credit union decisions on how funds are raised and invested and what services to provide
are guided by their business models and should be reflected by credit union financial …

There is a close logical correlation between structural reform of the financial sector and the
enhancement of financial institutions' economic performance. In the existing research …

The continuously increasing bank sizes have received much attention from both
policymakers and researchers. We present new estimates of returns to scale in cost …

Emerging countries are characterized by high informality, while their social security systems
remain rudimentary and often exclusively target formal employment. Vietnam, where …

This paper uses an endogenous switching regression model to explore the relationship
between climate, improved agricultural inputs use, and maize productivity in West Africa. We …