TY - JOUR AB - This study examines the loan-pricing behavior of German banks for a large variety of retail and corporate loan products. We find that a bank’s operational efficiency is priced in bank loan rates and alters interest-setting behavior. Specifically, we establish that a higher degree of operational efficiency leads to lower loan markups, which makes prices more competitive and smoothes the setting of interest rates. By employing state-of-the-art stochastic frontier efficiency measures to capture a bank’s operational efficiency, we take a look at the bank customers’ perspective and demonstrate the extent to which bor-rowers benefit from cost-efficient banking. AU - Schlueter, Tobias AU - Busch, Ramona AU - Sievers, Soenke AU - Hartmann-Wendels, Thomas ID - 4586 IS - 1 JF - Credit and Capital Markets--Kredit und Kapital KW - interest rate pass-through models KW - error correction models KW - bank efficiency KW - cost efficiency KW - stochastic frontier analysis TI - Loan Pricing: Do Borrowers Benefit from Cost-Efficient Banking? VL - 49 ER - TY - CONF AB - Location-aware services for private use such as GPS- based navigation systems and GSM-based offerings have become quite a success for outdoor applications, while indoor positioning systems are still mainly employed for professional use only. The main reasons are cost issues and the complexity of setup and maintenance of those systems. In this paper we present CaMPTrack (Camera-based Multiple Person Tracker), a prototype of a webcam-based positioning system and discuss its application and development challenges. AU - Schäfer, Robbie AU - Müller, Wolfgang AU - Deimann, Roman AU - Kleinjohann, Bernd ID - 38104 KW - Positioning Systems KW - Camera Based KW - Cost Efficiency KW - Smart Home Applications T2 - Proceedings of the Workshop on Mobile Spatial Interaction at CHI 2007 TI - A Low-Cost Positioning System for Location-Aware Applications in Smart Homes ER -