Market Discipline and Conflicts of Interest Between Banks and Pension Funds

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 discipline gets stronger as the share of pension... READ MORE...

Publication date: December 2011
ISBN 9781463926632
$18.00

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