Staff Cost Does Not Necessarily Reduce Bank Profits: The Role of Entrepreneurship - An Empirical Analysis with Panel Data (1997-2008)

Georgiou, Miltiades N.

Abstract

Staff Cost Does Not Necessarily Reduce Bank Profits: The Role of Entrepreneurship - An Empirical Analysis with Panel Data (1997-2008)

Miltiades N. Georgiou

Independent

September 26, 2010

Abstract:
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, L26

working papers series

Date posted: September 27, 2010

Suggested Citation

Georgiou, Miltiades N., Staff Cost Does Not Necessarily Reduce Bank Profits: The Role of Entrepreneurship - An Empirical Analysis with Panel Data (1997-2008) (September 26, 2010). Available at SSRN: http://ssrn.com/abstract=1682843

Contact Information

Miltiades N. Georgiou (Contact Author)

Independent ( email )