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...
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| 格式: | 杂志 |
| 语言: | English |
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Washington, D.C. :
International Monetary Fund,
2011.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 2011/282 |
| 在线阅读: | Full text available on IMF |