We employ daily data from the Chilean banking industry from 1994 to 2001 to estimate the impact of cross-industry ownership structure within financial conglomerates on the pricing behavior of deposit and lending operations of banking institutions. Controlling for bank specific fixed effects, and...

In the last ten years the Chilean mutual fund industry has multiplied its assets around fivefold. In particular, money market funds have become important players in the financial sector as investors in time deposits as well as intermediating funds of the corporate sector. Given the importance of...