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Start Over Topic banking industry Topic economic indicators Region europe Publisher board of governors of the federal reserve system

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1. Real Output of Bank Services: What Counts Is What Banks Do, Not What They Own.

Author

Inklaar, Robert and Wang, J. Christina

Subjects
*BANKING research, *BANKING industry, *ECONOMIC indicators
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.

Published
2011