Interest rate spreads in Argentina

被引:0
|
作者
Buera, F [1 ]
Nicolini, JP [1 ]
机构
[1] Univ Torcuato Tella, RA-1428 Buenos Aires, DF, Argentina
关键词
D O I
10.2307/3467442
中图分类号
F [经济];
学科分类号
02 ;
摘要
The aim of this paper is to understand the high differential between the interest rate spreads in Argentina relative to developed countries. We document the evolution of the lending interest rates for the post convertibility plan period together with the different characteristics of loans, focusing the analysis on the wide heterogeneity of the interest rates charged for different types of loans. The theoretical framework is a simple competitive model with constant returns to scale technologies to each credit line. We test the model using a panel data set constructed by the Central Bank of Argentine Republic.
引用
收藏
页码:231 / 245
页数:15
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