Loan rates in Argentina are high. The objective of this work is to test if market power is one of the causes of these levels of interest rates and to measure its effects. For that purpose we work with data of the period 1994-1999. The tests indicate that there is market power in the peso operation sector and perfect competition can not be rejected in the dollar operation sector. We also find that there was no significant change in our measure of market power during the years we have analyzed.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by Universidad de San Andres, Departamento de Economia in its series Working Papers with number
34.
Find related papers by JEL classification: G2 - Financial Economics - - Financial Institutions and Services C5 - Mathematical and Quantitative Methods - - Econometric Modeling
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Did you know? Each page is provided with a technical contact, in case something is not right with the supplied information. See under "publisher info".