Dassatti Camors, Cecilia; Mariño, Natalia - In: Estudios de economía 50 (2023) 2, pp. 287-308
As a response to the COVID-19 shock, the Uruguayan government expanded an existing public credit guarantee and … governments throughout the world. This paper contributes to the financial additionality literature and the literature on the bank … policy responses to the COVID-19 shock over loan interest rates. We find that the PCG policy had a relatively higher effect …