Contractual savings institutions and banks' stability and efficiency / Gregorio Impavido, Alberto R. Musalem, and Thierry Tressel

This paper argues that contractual savings (assets of pension funds and life insurance companies) contribute to the improvemnet of banks' efficiency, credit, and liquidity risk. The authors use bank level panel data across countries to assess the impact of contractual savings on bank efficiency...

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Bibliographic Details
Main Authors:Impavido, Gregorio
Corporate Authors:World Bank
Other Authors:Musalem, Alberto R.
Tressel, Thierry
Format: Online-Resource
Language:English
Published:Washington, D.C : World Bank, Financial Sector Development Department, 2001
Series:Policy research working paper
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