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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Detalhes bibliográficos
Main Authors:Impavido, Gregorio
Corporate Authors:World Bank
Outros Autores:Musalem, Alberto R.
Tressel, Thierry
Formato: Online-Resource
Idioma:English
Publicado em:Washington, D.C : World Bank, Financial Sector Development Department, 2001
Colecção:Policy research working paper
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