Evidence of a bank lending channel for Argentina and Colombia



Título del documento: Evidence of a bank lending channel for Argentina and Colombia
Revista: Cuadernos de economía (Santiago)
Base de datos: CLASE
Número de sistema: 000271650
ISSN: 0716-0046
Autores:
Año:
Periodo: May
Volumen: 44
Número: 129
Paginación: 109-126
País: Chile
Idioma: Inglés
Tipo de documento: Artículo
Enfoque: Analítico
Resumen en inglés 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
Disciplinas: Economía
Palabras clave: Banca,
Modelos econométricos,
Argentina,
Colombia,
Indicadores económicos
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