05222oam 22013574 450 991082631340332120200520144314.01-4623-3468-71-4527-5923-51-283-51371-497866138261691-4519-0840-7(CKB)3360000000443608(EBL)3014337(SSID)ssj0000940065(PQKBManifestationID)11519261(PQKBTitleCode)TC0000940065(PQKBWorkID)10946287(PQKB)11561474(OCoLC)698585537(MiAaPQ)EBC3014337(IMF)WPIEE2006044(IMF)WPIEA2006044(EXLCZ)99336000000044360820020129d2006 uf 0engur|n|---|||||txtccrBanking Spreads in Latin America /Gaston Gelos1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (31 p.)IMF Working Papers"February 2006".1-4518-6304-7 ""Contents""; ""I. INTRODUCTION""; ""II. THE DETERMINANTS OF SPREADS: LITERATURE REVIEW""; ""III. DESCRIPTIVE EVIDENCE""; ""IV. ECONOMETRIC ESTIMATIONS""; ""V. CONCLUSIONS""; ""REFERENCES""Intermediation spreads in Latin America are high by international standards. This paper examines the determinants of bank interest margins in that region using bank and country-level data from 85 countries, including 14 Latin American economies. The results suggest that Latin America has higher interest rates, less efficient banks, and larger reserve requirements than other regions and that these factors have a significant impact on spreads. However, Latin American countries do not differ markedly from their peers in other aspects that are found important in determining the cost of financial intermediation, such as inflation and bank profit taxation.IMF Working Papers; Working Paper ;No. 2006/044Banks and bankingLatin AmericaInterest ratesLatin AmericaBankingimfBanks and BankingimfBanks and bankingimfBanksimfCaribbeanimfCompetitionimfDeposit ratesimfDepository InstitutionsimfEconomywide Country Studies: Latin AmericaimfEmerging and frontier financial marketsimfFinanceimfFinance: GeneralimfFinancial Markets and the MacroeconomyimfFinancial marketsimfFinancial services industryimfFinancial servicesimfGeneral Financial Markets: General (includes Measurement and Data)imfInterest ratesimfInterest Rates: Determination, Term Structure, and EffectsimfLegal support in revenue administrationimfMicro Finance InstitutionsimfMonetary economicsimfMonetary PolicyimfMonetary policyimfMoney and Monetary PolicyimfMortgagesimfPublic finance & taxationimfPublic FinanceimfReserve requirementsimfRevenue administrationimfRevenueimfTaxation, Subsidies, and Revenue: GeneralimfBrazilimfBanks and bankingInterest ratesBankingBanks and BankingBanks and bankingBanksCaribbeanCompetitionDeposit ratesDepository InstitutionsEconomywide Country Studies: Latin AmericaEmerging and frontier financial marketsFinanceFinance: GeneralFinancial Markets and the MacroeconomyFinancial marketsFinancial services industryFinancial servicesGeneral Financial Markets: General (includes Measurement and Data)Interest ratesInterest Rates: Determination, Term Structure, and EffectsLegal support in revenue administrationMicro Finance InstitutionsMonetary economicsMonetary PolicyMonetary policyMoney and Monetary PolicyMortgagesPublic finance & taxationPublic FinanceReserve requirementsRevenue administrationRevenueTaxation, Subsidies, and Revenue: GeneralGelos Gaston1624135International Monetary Fund.Western Hemisphere Dept.DcWaIMFBOOK9910826313403321Banking Spreads in Latin America4025928UNINA