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This paper addresses two very important, but usually neglected, aspects of Argentina's federal revenue-sharing system. The first aspect refers to the horizontal tensions present -in addition to the traditional vertical o...

This paper presents a simple model of debt contracts in order to analyze the conditions under which domestic residents would choose to denominate debts in "dollars". In the model, borrowers are producers of non-traded go...

The paper provides evidence on what affects at the margin the cost and availability of bank credit for firms in Argentina. We study in particular how banks use different pieces of private and public information to screen...