Banking spreads in Latin America

Economic Inquiry

Volumn 47, Issue 4, 2009, Pages 796-814

  Gelos, R Gaston ^a  

^a INTERNATIONAL MONETARY FUND   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 67650205662     PISSN: 00952583     EISSN: 14657295     Source Type: Journal    
DOI: 10.1111/j.1465-7295.2008.00144.x     Document Type: Article

References (43)

1. Afanasieff, T. S., P. M. V. Lhacer, and M. I. Nakane. "The Determinants of Bank Interest Spreads in Brazil." Banco Central do Brasil Working Paper Series No. 46, 2002.
2. Albuquerque, P. H. "Os Impactos Econômicos da CPMF: Teoria e Evidência." Banco Central do Brasil Working Paper Series No. 21, 2001.
3. Aliaga-Díaz, R., and M. P. Olivero. "The Cyclical Behavior of Net Interest Margins: Evidence from the United States Banking Sector." Manuscript, North Carolina State University, 2005.
4. Banco Central do Brasil. Juros e Spread Bancário no Brasil. Brasília : Banco Central do Brasil 1999.
5. Banco Central do Brasil. Economia Bancaria e Crédito - Avaliaçao de um ano do Projeto Juros e Spread Bancario. Brasília : Banco Central do Brasil 2000.
6. Banco Central do Brasil. Economia Bancaria e Crédito - Avaliaçao de 2 anos do Projeto Juros e Spread Bancario. Brasília : Banco Central do Brasil 2001.
7. Banco Central do Brasil. Economia Bancaria e Crédito - Avaliaçao de 3 anos do Projeto Juros e Spread Bancario. Brasília : Banco Central do Brasil 2002.
8. Banco Central do Brasil. Economia Bancaria e Crédito - Avaliaçao de 4 anos do Projeto Juros e Spread Bancario. Brasília : Banco Central do Brasil 2003.
9. Barajas, A., R. Steiner, and N. Salazar. "Interest Spreads in Banking in Colombia, 1974-96." IMF Staff Papers, 46, 1999, 196 224.
10. Beck, T. "Impediments to the Development and Efficiency of Financial Intermediation in Brazil." World Bank Policy Research Working Paper No. 2382, 2002.
11. Belaisch, A. "Do Brazilian Banks Compete?" International Monetary Fund Working Paper 03/113, 2003.
12. Bernanke, B., and M. Gertler. "Agency Costs, Net Worth, and Business Fluctuations." The American Economic Review, 79, 1989, 14 31.
13. Brock, P., and H. Franken. "Bank Interest Margins Meet Interest Rate Spreads: How Good is Balance Sheet Data for Analyzing the Cost of Financial Intermediation." Manuscript, University of Washington, Seattle, 2002.
14. Brock, P., and L. Rojas-Suárez. "Understanding the Behavior of Bank Spreads in Latin America." Journal of Development Economics, 63, 2000a, 113 134.
15. Brock, P., and L. Rojas-Suárez, eds. Why So High? - Understanding Interest Rate Spreads in Latin America. Washington, DC : Inter-American Development Bank, 2000b.
16. Cardoso, E. "Seigniorage, Reserve Requirements, and Bank Spreads in Brazil," in Taxation of Financial Intermediation. Theory and Practice for Emerging Economies, edited by P. Honohan. Washington, DC : World Bank Publications and Oxford University Press, 2003, 241 268.
17. Catão, L. "Intermediation Spreads in a Dual Currency Economy: Argentina in the 1990s." International Monetary Fund Working Paper 98/90, 1998.
18. Chu, V., and R. Schechtman. "O Use de Informaçoes no Credito Bancario," in Economia Bancária e Crédito - Avaliaçao de 4 Anos do Projeto Juros e Spread Bancario. Brasília : Banco Central do Brasil, 2003, 68 77.
19. Claessens, S., A. Demirgüç-Kunt, and H. Huizinga. "How Does Foreign Entry Affect Domestic Banking Markets?" Journal of Banking and Finance, 25, 2001, 891 911.
20. Claessens, S., and L. Laeven. "What Drives Bank Competition? Some International Evidence." Journal of Money, Credit, and Banking, 36, 2004, 133 152.
21. Coelho, I., L. Ebrill, and V. Summers. "Bank Debit Taxes in Latin America: An Analysis of Recent Trends." International Monetary Fund Working Paper 01/67, 2001.
22. Dell'Ariccia, G., and R. Márquez. "Information and Bank Credit Allocation." Journal of Financial Economics, 72, 2004, 185 214.
23. Demirgüç-Kunt, A., and H. Huizinga. "Determinants of Commercial Bank Interest Margins and Profitability: Some International Evidence." World Bank Economic Review, 13, 1999, 379 408.
24. Demirgüç-Kunt, A., L. Laeven, and R. Levine. "Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation." Journal of Money, Credit, and Banking, 36, 2004, 593 622.
25. Detragiache, E., P. Gupta, and T. Tressel. "Foreign Banks in Poor Countries: Theory and Evidence." International Monetary Fund Working Paper 06/18, 2006.
26. Dick, A. "Banking Spreads in Central America: Evolution, Structure, and Behavior." HIID Development Discussion Paper No. 694, 1999.
27. Gelos, G., and J. Roldós. "Consolidation and Market Structure in Emerging Market Banking Systems." Emerging Markets Review, 5, 2004, 39 59.
28. Gelos, G., and S. Wei. "Transparency and International Portfolio Holdings." Journal of Finance, 60, 2005, 2987 3020.
29. Ho, T., and A. Saunders. "The Determinants of Bank Interest Margins: Theory and Empirical Evidence." Journal of Financial and Quantitative Analysis, 16, 1981, 581 600.
30. Honohan, P. "The Accidental Tax: Inflation and the Financial Sector," in Taxation of Financial Intermediation. Theory and Practice for Emerging Economies, edited by P. Honohan. Washington, DC : World Bank Publications and Oxford University Press, 2003, 381 420.
31. Inter-American Development Bank. Unlocking Credit - The Quest for Deep and Stable Bank Lending. Washington, DC : Inter-American Development Bank, 2004.
32. Kirilenko, A., and V. Perry. "On the Financial Disintermediation of Bank Transaction Taxes." Manuscript, International Monetary Fund, 2004.
33. Kodres, L., M. Pritsker, and M. Souto, "Foreign Bank Entry in Developing Countries: Helpful or Harmful?" Manuscript, International Monetary Fund, 2005.
34. Koyama, S., and M. Nakane. "Os Determinantes do Spread Bancário no Brasil." Banco Central do Brasil, Nota Técnica No. 17, 2002.
35. Laeven, L., and G. Majnoni. "Does Judicial Efficiency Lower the Cost of Credit?" World Bank Policy Research Paper No. 3159, 2003.
36. Levine, R. "Finance and Growth: Theory and Evidence." National Bureau of Economic Research Working Paper No. 10766, 2004.
37. Martínez Peria, S., and A. Mody. "How Foreign Participation and Market Concentration Impact Bank Spreads: Evidence from Latin America." Journal of Money, Credit, and Banking, 36, 2004, 511 537.
38. Nakane, M. "Concorrencia e Spread Bancario: Uma Revisao da Evidencia para o Brasil," in Economia Bancária e Crédito - Avaliaçao de 4 Anos do Projeto Juros e Spread Bancario. Brasília : Banco Central do Brasil, 2003, 58 67.
39. Panzar, J. C., and J. N. Rosse. "Testing for 'Monopoly' Equilibrium." Journal of Industrial Economics, 35, 1987, 443 456.
40. Pinheiro, A. C., and C. Cabral. "Credit Markets in Brazil: The Role of the Judiciary and Other Institutions," in Defusing Default: Incentives and Institutions, edited by M. Pagano. Washington, DC : Inter-American Development Bank and The John Hopkins University Press, 2001, 157 188.
41. Saunders, A., and L. Schumacher. "The Determinants of Bank Interest Rate Margins: An International Study." Journal of International Money and Finance, 19, 2000, 813 832.
42. Singh, A., A. Belaisch, C. Collyns, P. De Masi, R. Krieger, G. Meredith, and R. Rennhack. "Stabilization and Reform in Latin America: A Macroeconomic Perspective of the Experience Since the 1990s." International Monetary Fund Occasional Paper No. 238, 2005.
43. Wong, K. P. "On the Determinants of Bank Interest Margins Under Credit and Interest Rate Risks." Journal of Banking and Finance, 21, 1997, 251 271.