Rethinking Bank Efficiency and Regulation: How Off-Balance Sheet Activities Make a Difference

A camera mechanism for taking stereographic photographs, embodying a first mechanism for moving a lenticular screen, a second mechanism operatively interconnected with the first mechanism, and operable to control the shutter at prescribed time intervals to make exposures correlated to the movement of the light-restricting screen, and a third mechanism controlling the travel of the camera at predetermined increments of travel relative to the subject being photographed. The camera mechanism further embodies electrical programming circuitry for electrically interconnecting the first, second and third mechanisms to correlate a predetermined amount of camera travel with a predetermined movement of the lenticular screen and the corresponding timely actuation of the shutter.

[1]  Charles W. Calomiris Building an incentive-compatible safety net , 1999 .

[2]  Danny M. Leipziger,et al.  The lender of last resort function under a currency board: The case of Argentina , 1996 .

[3]  Milton H. Marquis,et al.  Federal Reserve Bank of San Francisco , 2004 .

[4]  Eric S. Rosengren,et al.  The Capital Crunch: Neither a Borrower nor a Lender Be , 1995 .

[5]  Allen N. Berger,et al.  Competitive viability in banking: Scale, scope, and product mix economies , 1987 .

[6]  Allen N. Berger,et al.  The limitations of market value accounting and a more realistic alternative , 1991 .

[7]  F Shoen Interfaces in Computer Science and Operations Research: Advances in Metaheuristics, Optimization, and Stochastic Modeling Technologies , 1998, J. Oper. Res. Soc..

[8]  Rebel A. Cole,et al.  FIMS: a new monitoring system for banking institutions , 1995 .

[9]  Jeffrey A. Clark Economic Cost, Scale Efficiency, and Competitive Viability in Banking , 1996 .

[10]  Allen N. Berger,et al.  The efficiency of financial institutions: A review and preview of research past, present and future , 1993 .

[11]  L. Rojas-Suárez,et al.  Towards an Effective Regulatory and Supervisory Framework for Latin America , 1997 .

[12]  G. Kaufman Designing an Efficient and Incentive Compatible Government-Provided Deposit Insurance Program for Developing and Transitional Economies , 1998 .

[13]  C. Zarazaga Argentina, Mexico, and currency boards: another case of rules versus discretion , 1995 .

[14]  Allen N. Berger,et al.  The dominance of inefficiencies over scale and product mix economies in banking , 1991 .

[15]  Allen N. Berger,et al.  Bank efficiency derived from the profit function , 1993 .

[16]  Lawrence M. Seiford,et al.  An envelopment-analysis approach to measuring the managerial efficiency of banks , 1993, Ann. Oper. Res..

[17]  Charles E. Hegji,et al.  The S & L insurance mess : how did it happen? , 1989 .

[18]  F. Edwards The New Finance: Regulation and Financial Stability , 1996 .

[19]  Allen N. Berger,et al.  Efficiency of financial institutions: International survey and directions for future research , 1997 .

[20]  Jeffrey A. Clark Economies of scale and scope at depository financial institutions: a review of the literature , 1988 .

[21]  Loretta J. Mester,et al.  Inside the Black Box: What Explains Differences in the Efficiencies of Financial Institutions? , 1997 .

[22]  M. Gertler,et al.  Are Banks Dead? Or are the Reports Greatly Exaggerated? , 1994 .

[23]  James R. Barth,et al.  The great savings and loan debacle , 1991 .

[24]  D. Ruppert,et al.  Transformation and Weighting in Regression , 1988 .

[25]  R. Gilbert,et al.  Market discipline of bank risk: theory and evidence , 1990 .

[26]  Thomas F. Siems,et al.  Competitive viability in banking: looking beyond the balance sheet , 1997 .

[27]  B. Bernanke,et al.  Inside the Black Box: The Credit Channel of Monetary Policy Transmission , 1995 .