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Cited by 37 publications
(2 citation statements)
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“…By contrast, research in finance on employment adjustment in banks and other financial institutions is scarcer and uses other approaches. For example, Kumbhakar, Heshmati and Hjalmarsson (2002) analyze how quickly banks adjust employment to their efficient level using a dynamic model with a bank-specific and time varying adjustment parameter. The use of a flexible-form allows them to generate a labor-requirement frontier, specified by the number of branches, the type of bank, and the size of a bank 12 .…”
Section: Empirical Strategymentioning
confidence: 99%
“…By contrast, research in finance on employment adjustment in banks and other financial institutions is scarcer and uses other approaches. For example, Kumbhakar, Heshmati and Hjalmarsson (2002) analyze how quickly banks adjust employment to their efficient level using a dynamic model with a bank-specific and time varying adjustment parameter. The use of a flexible-form allows them to generate a labor-requirement frontier, specified by the number of branches, the type of bank, and the size of a bank 12 .…”
Section: Empirical Strategymentioning
confidence: 99%
“…However, incorporating a flexible adjustment parameter (as opposed to a restricted constant one) and integrating this with labor-use efficiency is a recent development. Kumbhakar and al. (2002) used a similar model to analyze labor use efficiency in the Swedish banking industry, and Bhandari and Heshmati (2005) to analyze the adjustment in employment in Indian manufacturing industries.…”
Section: Introductionmentioning
confidence: 99%