Evidence of Bank Lending Channel for Argentina and Colombia

In this paper we find empirical evidence of bank lending channel for Colombia and Argentina. As for Argentina, we do not find evidence that changes in the interbank interest rate affect the growth rate of total loans directly. However, it does indirectly through interactions: the interbank interest rate affects the loan supply through its interactions with capitalization and liquidity. As for Colombia, there is direct bank lending channel, which is reinforced through interactions with capitalization and liquidity. Also, using a panel data of more than 3300 firms, we provide additional support to the existence of a bank lending channel for Colombia.Monetary Transmission; Bank Lending Channel; Argentina; Colombia

Evidence of a Bank Lending Channel for Argentina and Colombia

In this paper we find empirical evidence of bank lending channel for Colombia and Argentina. For Argentina, we do not find evidence that changes in the interbank interest rate affect the growth rate of total loans directly. However, the interbank interestMonetary transmission, bank lending channel, Argentina, Colombia

Noise on resistive switching: a Fokker–Planck approach

We study the effect of internal and external noise on the phenomenon of resistive switching. We consider a non-harmonic external driving signal and provide a theoretical framework to explain the observed behavior in terms of the related Fokker–Planck equations. It is found that internal noise causes an enhancement of the resistive contrast and that noise proves to be advantageous when considering short driving pulses. In the case of external noise, however, noise only has the effect of degrading the resistive contrast. Furthermore, we find a relationship between the noise amplitude and the driving signal pulsewidth that constrains the persistence of the resistive state. In particular, results suggest that strong and short driving pulses favor a longer persistence time, an observation that may find applications in the field of high-integration high-speed resistive memory devices.Fil: Patterson, Germán Agustín. Instituto Tecnológico de Buenos Aires; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; ArgentinaFil: Grosz, Diego Fernando. Comisión Nacional de Energía Atómica. Gerencia del Área de Energía Nuclear. Instituto Balseiro; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; ArgentinaFil: Fierens, Pablo Ignacio. Instituto Tecnológico de Buenos Aires; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentin

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