A Computation of Interest Equivalences for Nonprice Characteristics of Bank Products
提出一种计算英国零售银行产品非价格特征利息等价的方法，发现某些非价格特征显著，且区分效率前沿上的产品并不必要。
This paper seeks to price the nonprice features of British retail bank products. It outlines a methodology for computing interest equivalences for a selection of characteristics. Estimates are obtained for a full observation set and a subset of survivor products on an efficiency frontier. Its main findings are that certain nonprice features are significant and there does not appear to be a strong case for separating out those products that lie on an efficiency frontier. Copyright 1992 by Ohio State University Press.