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WIDER Working Papers, United Nations University (UNU) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/54102
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Haouat, Meriem | | en_US |
| dc.contributor.author | | Moccero, Diego Nicolas | | en_US |
| dc.contributor.author | | Sosa Navarro, Ramiro | | en_US |
| dc.date.accessioned | | 2010-10-13 | | en_US |
| dc.date.accessioned | | 2011-12-15T13:18:32Z | | - |
| dc.date.available | | 2011-12-15T13:18:32Z | | - |
| dc.date.issued | | 2010 | | en_US |
| dc.identifier.isbn | | 978-92-9230-289-4 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/54102 | | - |
| dc.description.abstract | | Foreign bank presence has substantially increased in Latin America during the second half of the 1990s, which has prompted an intense debate on its banking and macroeconomic consequences. In this paper, we apply ARCH techniques to jointly estimate the impact of foreign bank presence on the level and volatility of real credit in a panel of eight Latin American countries, using quarterly data over the period 1995:1-2001:4. Results show that, together with financial development, foreign bank presence has contributed to reduce real credit volatility, improving the buffer shock function of the banking sector. This finding is consistent with the fact that foreign banks are typically well diversified institutions holding higher quality assets and having access to a broad set of liquidity sources. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | WIDER Helsinki | | en_US |
| dc.relation.ispartofseries | | Working paper // World Institute for Development Economics Research 2010,52 | | en_US |
| dc.subject.jel | | C33 | | en_US |
| dc.subject.jel | | E51 | | en_US |
| dc.subject.jel | | G21 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | foreign banks | | en_US |
| dc.subject.keyword | | credit volatility | | en_US |
| dc.subject.keyword | | Latin America | | en_US |
| dc.subject.keyword | | panel data | | en_US |
| dc.subject.keyword | | ARCH techniques | | en_US |
| dc.title | | Foreign banks and credit volatility: The case of Latin American countries | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 636594270 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | WIDER Working Papers, United Nations University (UNU)
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