Money, financial intermediation and the level of activity in 110 years of Argentine economic history

Abstract

This is a preliminary survey paper which cou1d be the basis for a Project on the Monetary History of Argentina. The authors wou1d appreciate comments. The authors express their appreciation for the financia1 support received from the Argentine Association of Banks (ADEBA) for the project, which permitted forming a research team composed of Marcela Harriague (UTDT) and Sandra Amuso (UTDT), who were responsible for statistical investigation and informatic support. We also thank Leticia Montiel, Daniela Ramos and Diego Bueno for their assistance in the constmction of the time series. Many individua1s have given their support to this ambitious project. We want to thank Norberto Pemzzotti and Fernando de Santibañes and also acknowledge the financial support of Universidad Torcuato Di Tella and the Center for Research in Finance and Capital Markets (CIF)