Bebczuk, Ricardo; Burdisso, Tamara; Sangiácomo, Máximo - Banco Central de la República Argentina - 2012
The purpose of this paper is to assess whether the banking system, over and beyond its credit function, has a …, our regressions confidently support the hypothesis that banks contribute to economic development not only as credit … suppliers but also by facilitating transactions. Specifically, along with the ratio of private credit to GDP, the ratio of …