TY - BOOK AU - Benavides, Guillermo AU - Huidobro Ortega,Alberto ED - Conferencia Interamericana de Seguridad Social ED - Universidad Iberoamericana. Ciudad de México TI - Are loan guarantees effective? The case of mexican government banks SN - 1870-2953 U1 - REV WSP No.8 PY - 2009/// CY - México PB - CISS, UIA KW - Seguridad social KW - Publicaciones periódicas KW - México KW - Bancos de desarrollo KW - Crédito N1 - Título en español: ¿Son efectivas las garantías de crédito? El caso de los bancos del gobierno mexicano; Bibliografía p. 43-44 N2 - Mexican Government’s Banks offer loan guarantees to private banks in order to spur credit directed to non-financial small and medium sized firms and this policy is examined here. Application of representative data to the comparative static analysis of the guarantee-use decision suggests that these schemes, as currently designed, are justifiable from an economic viewpoint. However, there is some evidence of inefficiency and ineffectiveness about the way these guarantee programs operate. Marginal take-up is plausibly explained only by the benefits perceived by private bankers UR - http://162.222.203.113/Analiticas/ADISS2016-383.pdf ER -