Latin American Journal of Central Banking最新文献_第9页

Valuating consumer credit portfolios 评估消费信贷组合

Latin American Journal of Central Banking Pub Date : 2022-09-01 DOI: 10.1016/j.latcb.2022.100067

Pedro Piccoli

引用次数: 0

Central Bank Response to COVID-19 央行应对COVID-19

Latin American Journal of Central Banking Pub Date : 2022-09-01 DOI: 10.1016/j.latcb.2022.100065

Manuel Ramos-Francia , Santiago García-Verdú

引用次数: 3

Growth at risk: Methodology and applications in an open-source platform 风险中的增长:开源平台中的方法和应用程序

Latin American Journal of Central Banking Pub Date : 2022-09-01 DOI: 10.1016/j.latcb.2022.100068

Matias Ossandon Busch , José Manuel Sánchez-Martínez , Anahí Rodríguez-Martínez , Ricardo Montañez-Enríquez , Serafín Martínez-Jaramillo

引用次数: 0

Redundancy of Centrality Measures in Financial Market Infrastructures 金融市场基础设施中中心性度量的冗余性

Latin American Journal of Central Banking Pub Date : 2022-08-29 DOI: 10.32468/be.1206

Constanza Martínez-Ventura, Jorge Ricardo Mariño-Martínez, Javier Miguélez-Márquez

引用次数: 0

Seven lessons from the e-Peso pilot plan: The possibility of a Central Bank Digital Currency e-Peso试点计划的七个教训:央行数字货币的可能性

Latin American Journal of Central Banking Pub Date : 2022-06-01 DOI: 10.1016/j.latcb.2022.100062

Adolfo Sarmiento

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引用次数: 7

Can Fintech Foster Competition in the Banking System in Latin America and the Caribbean? 金融科技能促进拉丁美洲和加勒比地区银行体系的竞争吗?

Latin American Journal of Central Banking Pub Date : 2022-06-01 DOI: 10.1016/j.latcb.2022.100061

Pablo Bejar , Kotaro Ishi , Takuji Komatsuzaki , Ippei Shibata , Jasmin Sin , Suchanan Tambunlertchai

{"title":"Can Fintech Foster Competition in the Banking System in Latin America and the Caribbean?","authors":"Pablo Bejar , Kotaro Ishi , Takuji Komatsuzaki , Ippei Shibata , Jasmin Sin , Suchanan Tambunlertchai","doi":"10.1016/j.latcb.2022.100061","DOIUrl":"https://doi.org/10.1016/j.latcb.2022.100061","url":null,"abstract":"<div><p>This paper revisits the competitive environment of the banking system in Latin America and the Caribbean and investigates the early impact of fintech development in the region thus far. Against the backdrop of high net interest margins (NIMs) and limited financial depth in the region, panel regressions broadly confirm the results of existing literature on the association of NIMs with the changes in financial sector structure, including market concentration, administrative costs, and foreign banks, although differences between domestic and foreign banks narrowed after the 2008-09 global financial crisis. Difference-in-difference regressions and case studies on Brazil and Mexico suggest that fintech is associated with reductions in NIMs and defensive responses by incumbent banks, both of which benefit consumers. The case studies also shed light on regulatory approaches and prudential considerations in fostering financial innovation and banking sector competition.</p></div>","PeriodicalId":100867,"journal":{"name":"Latin American Journal of Central Banking","volume":"3 2","pages":"Article 100061"},"PeriodicalIF":0.0,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666143822000163/pdfft?md5=9884db5bc89e205cb6504df0cf7daead&pid=1-s2.0-S2666143822000163-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91773010","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Loans and employment: Evidence from bank-specific liquidity shocks 贷款与就业:来自银行流动性冲击的证据

Latin American Journal of Central Banking Pub Date : 2022-06-01 DOI: 10.1016/j.latcb.2022.100059

Román Acosta, Josué Cortés

引用次数: 1

Measuring systemic risk for bank credit networks: A multilayer approach 衡量银行信贷网络的系统性风险:一种多层方法

Latin American Journal of Central Banking Pub Date : 2022-06-01 DOI: 10.1016/j.latcb.2022.100049

Eduardo Yanquen, Giacomo Livan, Ricardo Montañez-Enriquez, Serafin Martinez-Jaramillo

引用次数: 1

Employment, wages, and the gender gap in Mexico: Evidence of three decades of the urban labor market 墨西哥的就业、工资和性别差距:城市劳动力市场三十年的证据

Latin American Journal of Central Banking Pub Date : 2022-06-01 DOI: 10.1016/j.latcb.2022.100055

Cecilia Y. Cuellar, J. Moreno

引用次数: 2

The credit channel in chile through the lens of a semi-structural model 半结构模型视角下的智利信贷渠道

Latin American Journal of Central Banking Pub Date : 2022-06-01 DOI: 10.1016/j.latcb.2022.100056

Francisco Arroyo Marioli , Juan Sebastián Becerra , Matías Solorza

{"title":"The credit channel in chile through the lens of a semi-structural model","authors":"Francisco Arroyo Marioli , Juan Sebastián Becerra , Matías Solorza","doi":"10.1016/j.latcb.2022.100056","DOIUrl":"10.1016/j.latcb.2022.100056","url":null,"abstract":"<div><p>In this paper, we estimate a semi-structural model with a banking sector for the Chilean economy. Our innovation consists of incorporating a system of equations that reflects the dynamics of credit, interest rate spreads, and loan-loss provisions to the Central Bank of Chile’s semi-structural model <em>(modelo semi-estructural de proyección)</em>. We estimate the model and analyze the macroeconomic effects of incorporating this sector. We find that the banking sector plays a role in accelerating the business cycle through lower spreads and procyclical credit supply, in contrast to its counter-cyclical role in the COVID-19 crisis. Additionally, we find that credit growth can explain about 0.3 pp of total output gap variation on average. Moreover, we find that in episodes of severe stress, this gap can grow to 1.9 pp, as it did during the COVID-19 pandemic. We also identify a credit multiplier of up to 0.06 pp of GDP for each 1 pp of growth in commercial credit. Our results suggest not only that these nonconventional policies through the credit channel can be useful but also that our model can be used for evaluation purposes.</p></div>","PeriodicalId":100867,"journal":{"name":"Latin American Journal of Central Banking","volume":"3 2","pages":"Article 100056"},"PeriodicalIF":0.0,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666143822000102/pdfft?md5=10efb165a375ead318e7e6d506cb774e&pid=1-s2.0-S2666143822000102-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75231295","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1