Bank Concentration and the Supply of Credit in Argentina
April 1, 1997
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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.
Subject: Bank credit, Banking, Credit, Credit bureaus, Financial institutions, Financial markets, Foreign banks, Loans, Money
Keywords: Argentina, bank, bank concentration, Bank credit, Banking Concentration, Credit, Credit bureaus, financial institution, Foreign banks, Information Asymmetries, lending, lending equation, loan, loan group, Loans, reaction function, Supply of Credit, unguaranteed lending, WP
Pages:
19
Volume:
1997
DOI:
Issue:
040
Series:
Working Paper No. 1997/040
Stock No:
WPIEA0401997
ISBN:
9781451845938
ISSN:
1018-5941
