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Market Discipline and Conflicts of Interest Between Banks and Pension Funds

Author/Editor: Adolfo Barajas, Mario Catalan.

Release Date: December, 2011

Price: $18.00

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 more...

Investment by Large Firms in Argentina

Author/Editor: Alvaro Piris.

Release Date: January, 2010

Price: $18.00

Strong growth in investment made a key contribution to the economic recovery in Argentina earlier this decade. The paper uses firm-level data to assess changes in financing constraints and the more...