Bebczuk, Ricardo; Sangiácomo, Máximo - In: Ensayos Económicos 1 (2010) 59, pp. 131-166
The paper investigates the use of collateral in the Argentine banking system by exploiting a rich dataset administered by the Central Bank (Central de Deudores). The study focuses on commercial loans to firms with balance sheet information available over the 2001-2005 period. The first part...