EVIDENCE OF A BANK LENDING CHANNEL FOR ARGENTINA AND COLOMBIA

In this paper we find empirical evidence of bank lending channel for Colombia and Argentina. For Argentina, we do not find evidence that changes in the interbank interest rate affect the growth rate of total loans directly. However, the interbank interest rate affects the loan supply through its int...

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Autores principales: GÓMEZ-GONZÁLEZ,JOSÉ, GROSZ,FERNANDO
Lenguaje:English
Publicado: Instituto de Economía, Pontificia Universidad Católica de Chile 2007
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212007000100005
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spelling oai:scielo:S0717-682120070001000052007-06-14EVIDENCE OF A BANK LENDING CHANNEL FOR ARGENTINA AND COLOMBIAGÓMEZ-GONZÁLEZ,JOSÉGROSZ,FERNANDO Monetary Transmission Bank Lending Channel Argentina Colombia In this paper we find empirical evidence of bank lending channel for Colombia and Argentina. For Argentina, we do not find evidence that changes in the interbank interest rate affect the growth rate of total loans directly. However, the interbank interest rate affects the loan supply through its interactions with capitalization and liquidity. For Colombia, there is direct bank lending channel, which is reinforced through interactions with capitalization and liquidity. Also, using a panel data of more than 3,300 firms, we provide additional support to the existence of a bank lending channel for Colombiainfo:eu-repo/semantics/openAccessInstituto de Economía, Pontificia Universidad Católica de ChileCuadernos de economía v.44 n.129 20072007-05-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212007000100005en10.4067/S0717-68212007000100005
institution Scielo Chile
collection Scielo Chile
language English
topic Monetary Transmission
Bank Lending Channel
Argentina
Colombia
spellingShingle Monetary Transmission
Bank Lending Channel
Argentina
Colombia
GÓMEZ-GONZÁLEZ,JOSÉ
GROSZ,FERNANDO
EVIDENCE OF A BANK LENDING CHANNEL FOR ARGENTINA AND COLOMBIA
description In this paper we find empirical evidence of bank lending channel for Colombia and Argentina. For Argentina, we do not find evidence that changes in the interbank interest rate affect the growth rate of total loans directly. However, the interbank interest rate affects the loan supply through its interactions with capitalization and liquidity. For Colombia, there is direct bank lending channel, which is reinforced through interactions with capitalization and liquidity. Also, using a panel data of more than 3,300 firms, we provide additional support to the existence of a bank lending channel for Colombia
author GÓMEZ-GONZÁLEZ,JOSÉ
GROSZ,FERNANDO
author_facet GÓMEZ-GONZÁLEZ,JOSÉ
GROSZ,FERNANDO
author_sort GÓMEZ-GONZÁLEZ,JOSÉ
title EVIDENCE OF A BANK LENDING CHANNEL FOR ARGENTINA AND COLOMBIA
title_short EVIDENCE OF A BANK LENDING CHANNEL FOR ARGENTINA AND COLOMBIA
title_full EVIDENCE OF A BANK LENDING CHANNEL FOR ARGENTINA AND COLOMBIA
title_fullStr EVIDENCE OF A BANK LENDING CHANNEL FOR ARGENTINA AND COLOMBIA
title_full_unstemmed EVIDENCE OF A BANK LENDING CHANNEL FOR ARGENTINA AND COLOMBIA
title_sort evidence of a bank lending channel for argentina and colombia
publisher Instituto de Economía, Pontificia Universidad Católica de Chile
publishDate 2007
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212007000100005
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AT groszfernando evidenceofabanklendingchannelforargentinaandcolombia
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