Agénor, Pierre-Richard; Aizenman, Joshua; Hoffmaister, … - National Bureau of Economic Research (NBER) - 1998
This paper studies the effects of contagion on bank lending spreads and output fluctuations in Argentina. The first … part presents the analytical framework, which analyzes the determination of bank lending spreads in the presence of … relates the ex ante bank lending spread, the cyclical component of output, the real bank lending rate, and the external …