Evidence of a bank lending channel for Argentina and Colombia



Document title: Evidence of a bank lending channel for Argentina and Colombia
Journal: Cuadernos de economía (Santiago)
Database: CLASE
System number: 000271650
ISSN: 0716-0046
Authors:
Year:
Season: May
Volumen: 44
Number: 129
Pages: 109-126
Country: Chile
Language: Inglés
Document type: Artículo
Approach: Analítico
English abstract 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
Disciplines: Economía
Keyword: Banca,
Modelos econométricos,
Argentina,
Colombia,
Indicadores económicos
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