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shock to short-term interest rates, the volume of bank credit to firms exhibits a positive and short-lived response but …
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-analysis techniques, we summarise the results for five Latin American countries (Argentina, Brazil, Colombia, Mexico and Peru) that use … confidential bank-loan data. The use of granular credit registry data helps us to disentangle loan demand from loan supply effects … without making strong assumptions. Results from another three countries (Canada, Chile and the United States) corroborate the …
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