Contractual savings institutions and banks' stability and efficiency
By: Gregorio Impavido, Alberto R. Musalem, and Thierry Tressel.
Contributors: Musalem, Alberto R., 1940-; Tressel, Thierry.; World Bank. Financial Sector Development Dept.
Series: Policy research working paper ;; 2751; Policy research working papers ;; no. 2751.
Publisher: World Bank, Financial Sector Development Department
Published: 2001
Place of publication: Washington, D.C
Language: eng
Number of pages: 27
Subjects: Banks and banking.; Pension trusts.; Insurance stocks.; Saving and investment.; Risk management.
Description: 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 and lending behavior. They concentrate on profitability measures and on transformation and credit risk indicators.
Notes: Includes bibliographical references (p. 13-15).
"December 2001."
Also available on the World Wide Web.