02555nam 2200589Ia 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(EXLCZ)99336000000044360820060531d2006 uf 0engur|n|---|||||txtccrBanking spreads in Latin America /prepared by R. Gaston Gelos1st ed.[Washington, D.C.] International Monetary Fund, Western Hemisphere Departmentc20061 online resource (31 p.)IMF working paper ;WP/06/44"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 paper ;WP/06/44.Banks and bankingLatin AmericaInterest ratesLatin AmericaBanks and bankingInterest ratesGelos Gaston1624135International Monetary Fund.Western Hemisphere Dept.MiAaPQMiAaPQMiAaPQBOOK9910826313403321Banking Spreads in Latin America4025928UNINA