Showing 1 - 10 of 351
, expanding exposure to the government, and, eventually, the run on deposits. We find that there was substantial cross-bank … individual banks’ exposure to currency and government default risk depended on bank fundamentals and other characteristics. Thus …
Persistent link: https://www.econbiz.de/10014402987
information asymmetries in the banking sector, it also may have contributed to the contraction in bank lending observed during …
Persistent link: https://www.econbiz.de/10014403360
We examine a large panel of more than 100 banks from Argentina to study the effects of bank consolidation on … performance between December 1995 and December 2000, a period of heavy bank consolidation and relative calm. Overall, we find a … positive and significant effect of bank consolidation on bank performance. Bank returns increase with consolidation, and …
Persistent link: https://www.econbiz.de/10014401147
Persistent link: https://www.econbiz.de/10010479453
This short paper reviews recent literature on the use of long-term finance in developing economies (relative to advanced ones) to identify where long-term financing occurs, and what role different financial intermediaries and markets play in extending this type of financing. Although banks are...
Persistent link: https://www.econbiz.de/10011671079
We analyze the employment effects of financial shocks using a rich data set of job contracts, matched with the universe of firms and their lending banks in one Italian region. To isolate the effect of the financial shock we construct a firm-specific time-varying measure of credit supply. The...
Persistent link: https://www.econbiz.de/10011716594
Persistent link: https://www.econbiz.de/10009419727
Persistent link: https://www.econbiz.de/10010359887
We explore whether the global financial crisis has had heterogeneous effects on traded goods differentiated by quality. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher quality exports grew faster before the crisis, but...
Persistent link: https://www.econbiz.de/10011434921
The paper develops a simple, integrated methodology to project public pension cash flows and healthcare spending over the long term. We illustrate its features by applying it to the LAC5 (Argentina, Brazil, Chile, Colombia and Mexico), where public spending pressures are expected to increase...
Persistent link: https://www.econbiz.de/10011671097