Evidence of Bank Lending Channel for Argentina and Colombia

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

Lo más reciente

Ligia Alba Melo-Becerra, Diego Vásquez-Escobar, María Isabel Alarcón-Obando, Giselle Tatiana Silva-Samudio
Karina Acosta, Juliana Jaramillo-Echeverri, Daniel Lasso Jaramillo, Alejandro Sarasti-Sierra

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