Evidence of Bank Lending Channel for Argentina and Colombia

Borradores de Economia
Número: 
396
Publicado: 
Clasificación JEL: 
E5, E52, G2
Palabras clave: 
Monetary transmission, bank lending channel, Argentina, Colombia.

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Rocío Clara Alexandra Mora-Quiñones, Antonio José Orozco-Gallo, Dora Alicia Mora-Pérez
Leonardo Fabio Morales, Leonardo Bonilla-Mejía, Didier Hermida-Giraldo, Francisco Javier Lasso-Valderrama, José Pulido

In this paper we find empirical evidence of bank lending channel for Colombia and Argentina. As for Argentina, we do not find evidence that changes in the interbank interest rate affect the growth rate of total loans directly. However, it does indirectly