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Horacio A. Aguirre

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The impact of a drought on financial stability: evidence from Argentina *

Horacio A. Aguirre, MáximoSangiacomo · 0 citations

Open access Sep 2026

The Impact of a Drought on Banking Credit and Risk: Evidence from Argentina

We assess the impact of a drought on credit, risk and bank performance in Argentina, using credit registry data at the bank-firm level. We estimate difference-in- difference panel data models to measure whether the drought in 2022-23 had an impact on credit to firms and non-performing loans, controlling for banks and b...

Horacio A. Aguirre, Máximo Sangiácomo · Documento de trabajo · 0 citations