This paper tests the efficiency of different structures of bank ownership in terms of its ability to target manufacturing sectors in need of credit. We find that state- owned banks do not play a significant role in the development of industries that rely more on external finance and/or that have...

We use a monthly dataset for the Colombian banking system from 2002 to 2010 to test the role of interest rate ceilings on competition in different segments of the credit market. We use maximum likelihood estimations of double hurdle probabilistic models to estimate the probability of tacit...

Using a large panel of official bilateral loan data for 111 borrowing countries and 78 lending countries between 1980 and 2020, the paper shows that international government borrowing from bilateral sources is a-cyclical with respect to the business cycle of the borrower but procyclical with...

This paper tests the efficiency of different structures of bank ownership in terms of its ability to target manufacturing sectors in need of credit. We find that state- owned banks do not play a significant role in the development of industries that rely more on external finance and/or that have...

This paper explores the impact of international financial integration on credit markets in Latin America, using a cross-country dataset covering 17 countries between 1996 and 2008. It is found that financial integration amplifies the impact of international financial shocks on aggregate credit...