Oreiro, Jose Luis; Paula, Luiz Fernando de - In: International Review of Applied Economics 24 (2010) 5, pp. 573-590
Latin America has one of the highest interest margins in the world; furthermore, credit to private sector and bank spread are negatively correlated. Brazil, in particular, has one the highest bank spreads in the world - it is even so far the highest one among the Latin American economies. Indeed,...