This paper analyzes the role played by BancoEstado in providing credit during the 2008-2009 financial crisis. An analysis of the data shows that BancoEstado increased its credit significantly, particularly in terms of loans to firms, increasing its market share and remaning profitable. A large...

The purpose of this paper is to introduce rational expectations in the empirical analysis of the demand for money. With quarterly data, from 1975 to 1981, a demand for money is estimated, using a variant of rational expectations to construct expected infl