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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Détails bibliographiques
Auteur principal: Barajas, Adolfo
Autres auteurs: Catalan, Mario
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2011.
Collection:IMF Working Papers; Working Paper ; No. 2011/282
Accès en ligne:Full text available on IMF