Bank Concentration and the Supply of Credit in Argentina

Author/Editor:

Gustavo Enrique Cañonero

Publication Date:

April 1, 1997

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper examines the effects on the supply of credit of the concentration of financial institutions in Argentina that followed the crisis caused by the December 1994 devaluation of the Mexican peso. While the concentration process may have improved the efficiency of domestic financial intermediation, the analysis suggests that, due to the presence of information asymmetries in the banking sector, it also may have contributed to the contraction in bank lending observed during 1995.

Series:

Working Paper No. 97/40

Subject:

Frequency:

Annually

English

Publication Date:

April 1, 1997

ISBN/ISSN:

9781451845938/1018-5941

Stock No:

WPIEA0401997

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

19

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