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Mercados financieros y comportamiento del ahorro privado en América Latina

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  • Liliana Rojas-Suárez
  • Steven R. Weisbrod

Abstract

(Disponible en idioma inglés únicamente) Este trabajo complementa estudios anteriores al proponer que el bajo nivel de ahorro en América Latina se puede vincular con la limitada confianza de hogares y empresas en las instituciones financieras nacionales. Estudios anteriores han comprobado la relación entre el ahorro privado y los mercados financieros, bien sea empleando una medida de profundidad financiera o una medida de limitantes del endeudamiento. Este trabajo presenta una perspectiva alternativa al proponer que el nivel de ahorro privado guarda una correlación positiva con la confianza del sector privado en la solidez del sistema financiero, y que este concepto se puede calcular aproximadamente a partir de la proporción de demanda empresarial a activos líquidos de la banca. Los países latinoamericanos tienen niveles de ahorro más bajos que otros países en desarrollo y que la mayoría de los países industrializados. También exhiben los mayores niveles de depósitos empresariales a depósitos familiares entre los tres grupos de países tomados en cuenta en este trabajo. Además, la proporción de depósitos empresariales a depósitos familiares guarda una estrecha correlación con otros indicadores de la fragilidad del sistema bancario.

Suggested Citation

  • Liliana Rojas-Suárez & Steven R. Weisbrod, 1997. "Mercados financieros y comportamiento del ahorro privado en América Latina," Research Department Publications 4059, Inter-American Development Bank, Research Department.
    • Handle: RePEc:idb:wpaper:4059
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