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- Title
Real Output of Bank Services: What Counts Is What Banks Do, Not What They Own.
- Authors
Inklaar, Robert; Wang, J. Christina
- Abstract
The article presents research paper about the methodological inquiry of how to measure the real value of the real output of bank services. It states that the paper shows that the bias of the deflated-balance series differs across types of bank services, countries and over time. Moreover, it notes that the official estimate of European bank output growth is most probably biased relative to that of the U.S.
- Subjects
EUROPE; UNITED States; BANKING research; BANKING industry; ECONOMIC indicators
- Publication
Research Review, 2011, Issue 15, p13
- ISSN
1552-2814
- Publication type
Article