Growth , bank credit , and inflation in Mexico : evidence from an ARDL-bounds testing approach

  • Miguel Ángel Tinoco-Zermeño, Vı́ctor Hugo Torres-Preciado
  • Published 2014


This paper explores the long-run effects of inflation on the dynamics of private sector bank credit and economic growth in Mexico over the period 1969–2011. With an ARDL-type model, the statistical results suggest that the availability of private sector bank credit in the economy exerts a positive impact on real GDP. In addition, inflation rates have… (More)

8 Figures and Tables


  • Presentations referencing similar topics