This paper analyzes the determinants of the interest rate of short-term unsecured loan inter-bank market (call) in … the interest rate agreed. Other additional aspects, such as the linkages between entities and the degree of supply or … are also relevant. Finally, the interest rate reacts positively when banks have a higher demand for liquidity, due to both …

present. The issuance of interest-bearing liabilities was a central element that gave the BCRA operational autonomy to …

interest rates can attract foreign financial flows. It does so in a non-monotonic way, since, by providing foreign currency …, these flows can finance the external deficit resulting from a high output level, but they can also lead to a higher interest … burden on the balance-of-payments. This trade off allows us to find the level of the interest rate that maximises external …

sobre la conducción de la política monetaria en el futuro ; After almost six years with official interest rates at close to …