Dec 2020
Author(s): Andrian, Leandro Gaston;Hirs, Jorge
Ante la crisis sanitaria del COVID-19 y su crisis económica asociada, Colombia está enfrentando múltiples desafíos sin precedentes en la historia moderna del país en términos de su magnitud y…
Jul 2020
Author(s): Haas Ornelas, José Renato;Soares da Silva, Marcos;Nazar Van Doornik, Bernardus Ferdinandus
This paper studies the links between competition in the lending market and spreads of bank loans in Brazil. Evidence from a dataset of more than 13 million loan-level observations from private banks…
Jul 2020
Author(s): Conesa, Marina;Lotti, Giulia;Powell, Andrew
Theory suggests both resilience and fragility in banking networks. This paper finds both, exploiting a new database of cross-border syndicated lending to developing countries from 1993 to 2017.…
Feb 2020
Author(s): Cavallo, Eduardo A.;Izquierdo, Alejandro;Ardanaz, Martín;Puig, Jorge
Fiscal adjustment episodes tend to be accompanied by large public investment cuts across countries, contributing to the well documented procyclical bias in public capital expenditures. We study…
Jan 2020
Author(s): Mooney, Henry;Giles Álvarez, Laura
This paper presents an assessment of financial market development, access, and inclusion for Barbados. Based on a review of indicators, survey data, and other metrics, our analysis suggests that…