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This work discusses the determinants of the access to credit for a sample of about 140 Argentine small and medium firms, based on a unique database gathered by the Union Industrial Argentina in 1999. Among other findings, the evidence shows that the acceptance of overdraft lines at high interest...
Persistent link: https://www.econbiz.de/10008835277
Dividend policy is central to the performance and valuation of listed companies, but the issue still remains scarcely investigated in emerging countries. The purpose of this paper is to study, for the first time, the determinants of the dividend policy of listed companies in Argentina over the...
Persistent link: https://www.econbiz.de/10008835284
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This paper assesses the impact of the Liquidity Program for Growth Sustainability (LPGS) on Latin America and the Caribbean, instrumented by the IDB to confront the regional spillovers of the subprime crisis. This emergency liquidity line was set up to boost productive loans of commercial banks,...
Persistent link: https://www.econbiz.de/10008836307
The goal of this paper is twofold. First, we put together, for the first time, quantitative measures on the quality of the corporate governance and the ownership structure for 65 non-financial listed companies in Argentina with information for 2003-2004. A wide array of official and private...
Persistent link: https://www.econbiz.de/10008836316
In this paper, we estimate mark-ups with plant level production data for Argentina from a structural model of cost-minimizing producers, as proposed by De Loecker and Warzynski (2012). We explore systematic differences across industries and plants. Our main findings are that mark-ups are higher...
Persistent link: https://www.econbiz.de/10010904577
La incidencia distributiva del sistema tributario argentino es analizada en este trabajo haciendo uso de la Encuesta Nacional de Gastos de los Hogares (ENGH) del año 2004-2005. El estudio abarca una descripción desagregada de los principales impuestos nacionales y subnacionales en cuanto a sus...
Persistent link: https://www.econbiz.de/10010904578
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