Market Discipline and Conflicts of Interest Between Banks and Pension Funds /

We study the behavior of private pension funds as large depositors in a banking system. Using panel data analysis, we examine whether, and if so how, pension funds influence market discipline in Argentina in the period 1998-2001. We find evidence that pension funds exert market discipline and this d...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Barajas, Adolfo
Weitere Verfasser: Catalan, Mario
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2011.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2011/282
Online Zugang:Full text available on IMF