Publication: Contractual Savings Institutions and Banks' Stability and Efficiency
Date
2001-12
ISSN
Published
2001-12
Author(s)
Impavido, Gregorio
Musalem, Alberto R.
Tressel, Thierry
Abstract
The authors analyze the relationship
between the development of contractual savings institutions
and banks' efficiency, credit, and liquidity risks.
They discuss the potential mechanisms through which the
development of contractual savings institutions may affect
the banking sector. They show that the development of
contractual savings institutions has a significant impact on
bank spreads and loan maturity. After controlling for
banks' characteristics, macroeconomic factors, and more
standard indicators of financial development, they show that
the development of contractual savings institutions is
associated with increased efficiency of the banking system
and greater resilience to credit and liquidity risks.
Citation
“Impavido, Gregorio; Musalem, Alberto R.; Tressel, Thierry. 2001. Contractual Savings Institutions and Banks' Stability and Efficiency. Policy Research Working Paper;No. 2751. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/19339 License: CC BY 3.0 IGO.”
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