---
res:
  bibo_abstract:
  - 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. @eng
  bibo_authorlist:
  - foaf_Person:
      foaf_givenName: Tobias
      foaf_name: Schlueter, Tobias
      foaf_surname: Schlueter
  - foaf_Person:
      foaf_givenName: Ramona
      foaf_name: Busch, Ramona
      foaf_surname: Busch
  - foaf_Person:
      foaf_givenName: Soenke
      foaf_name: Sievers, Soenke
      foaf_surname: Sievers
  - foaf_Person:
      foaf_givenName: Thomas
      foaf_name: Hartmann-Wendels, Thomas
      foaf_surname: Hartmann-Wendels
  bibo_doi: 10.3790/ccm.49.1.93
  bibo_issue: '1'
  bibo_volume: 49
  dct_date: 2016^xs_gYear
  dct_language: eng
  dct_subject:
  - interest rate pass-through models
  - error correction models
  - bank efficiency
  - cost efficiency
  - stochastic frontier analysis
  dct_title: 'Loan Pricing: Do Borrowers Benefit from Cost-Efficient Banking?@'
...