TY - BOOK AU - Impavido,Gregorio AU - Musalem,Alberto R. AU - Tressel,Thierry ED - World Bank. TI - Contractual savings institutions and banks' stability and efficiency T2 - Policy research working paper AV - HG3881.5.W57 P63 no. 2751 U1 - 320.6 s332.1/752 22 PY - 2001///] CY - Washington, D.C. PB - World Bank, Financial Sector Development Department KW - Banks and banking KW - Insurance stocks KW - Pension trusts KW - Risk management KW - Saving and investment N1 - "December 2001."; Includes bibliographical references (p. 13-15); Also available in print N2 - This paper argues that contractual savings (assets of pension funds and life insurance companies) contribute to the improvemnet of banks' efficiency, credit, and liquidity risk. The authors use bank level panel data across countries to assess the impact of contractual savings on bank efficiency and lending behavior. They concentrate on profitability measures and on transformation and credit risk indicators UR - http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-2751 ER -