Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/54102 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorHaouat, Meriemen
dc.contributor.authorMoccero, Diego Nicolasen
dc.contributor.authorSosa Navarro, Ramiroen
dc.date.accessioned2010-10-13-
dc.date.accessioned2011-12-15T13:18:32Z-
dc.date.available2011-12-15T13:18:32Z-
dc.date.issued2010-
dc.identifier.isbn978-92-9230-289-4en
dc.identifier.urihttp://hdl.handle.net/10419/54102-
dc.description.abstractForeign 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
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Working Paper |x2010/52en
dc.subject.jelC33en
dc.subject.jelE51en
dc.subject.jelG21en
dc.subject.ddc330en
dc.subject.keywordforeign banksen
dc.subject.keywordcredit volatilityen
dc.subject.keywordLatin Americaen
dc.subject.keywordpanel dataen
dc.subject.keywordARCH techniquesen
dc.titleForeign banks and credit volatility: The case of Latin American countries-
dc.typeWorking Paperen
dc.identifier.ppn636594270en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Files in This Item:
File
Size
229.87 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.