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Contractual savings institutions and banks'stability and efficiency Author info | Abstract | Publisher info | Download info | Related research | Statistics Impavido, Gregorio
Musalem, Alberto R.
Tressel, Thierry
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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.
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Paper provided by The World Bank in its series Policy Research Working Paper Series with number
2751.
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Date of creation: 31 Dec 2001Date of revision:
Handle: RePEc:wbk:wbrwps:2751Contact details of provider: Postal: 1818 H Street, N.W., Washington, DC 20433 Email: Web page: http://www.worldbank.org/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Roula I. Yazigi).
Keywords: Payment Systems&Infrastructure ; Banks&Banking Reform ; Economic Theory&Research ; Financial Intermediation ; Insurance&Risk Mitigation ; Contractual Savings ; Banks&Banking Reform ; Financial Intermediation ; Economic Theory&Research ; Insurance&Risk Mitigation ; Other versions of this item:
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Vittas, Dimitri, 2004.
"Insurance regulation in Jordan : New rules--old system ,"
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"Bank Consolidation, Internationalization and Conglomeration: Trends and Implications for Financial Risk ,"
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Impavido, Gregorio & Musalem, Alberto R. & Vittas, Dimitri, 2002.
"Contractual savings in countries with a small financial sector ,"
Policy Research Working Paper Series
2841, The World Bank.
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Impavido, Gregorio & Musalem, Alberto R. & Tressel, Thierry, 2003.
"The impact of contractual savings institutions on securities markets ,"
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