Staff Cost Does Not Necessarily Reduce Bank Profits: The Role of Entrepreneurship - An Empirical Analysis with Panel Data (1997-2008)
Miltiades N. Georgiou
September 26, 2010
In the present paper an effort will be made to show with panel data that during the period 1997-2008 in European banks as well as the United States ones staff cost as well as entrepreneurial caliber have a positive impact on banking profitability. Data source is O.E.C.D. The elaboration of the model is made feasible through the Eviews software package.
Keywords: Econometric Models with Panel Data (Single Equation), Banking, Interest Rates, Labour Market, Labour Cost, Entrepreneurship
JEL Classification: C23, E5, G12, J3, L26working papers series
Date posted: September 27, 2010
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