El escribano y la mano visible. Intermediación financiera y crédito en un contexto de información asimétrica (Buenos Aires, siglo XVIII)
At the last third of the 18th century, Buenos Aires combined economic growth and uncertainty, meanwhile the commercial interaction in the city continued to be supported by different credit practices (as it had been since the emergence of the city). In order to face the inherent risks of credit inter...
Guardado en:
| Autor principal: | |
|---|---|
| Formato: | Online |
| Lenguaje: | spa |
| Publicado: |
Instituto de Historia Americana y Argentina. Facultad de Filosofía y Letras. Universidad Nacional de Cuyo.
2021
|
| Materias: | |
| Acceso en línea: | https://revistas.uncu.edu.ar/ojs3/index.php/revihistoriargenyame/article/view/4919 |
| id |
I11-R102article-4919 |
|---|---|
| record_format |
ojs |
| spelling |
I11-R102article-49192022-03-18T22:37:27Z Notary And The Visible Hand. Financial Intermediation And Credit In An Asymmetrical Information Context (Buenos Aires, 18th Century) El escribano y la mano visible. Intermediación financiera y crédito en un contexto de información asimétrica (Buenos Aires, siglo XVIII) Wasserman, Martín L. E. crédito intermediación finanzas información Buenos Aires credit intermediation finances information Buenos Aires At the last third of the 18th century, Buenos Aires combined economic growth and uncertainty, meanwhile the commercial interaction in the city continued to be supported by different credit practices (as it had been since the emergence of the city). In order to face the inherent risks of credit interaction, economic actors could deposit their credit with reliable borrowers, whose payment was assured by the relational proximity with the creditor. But the case of Buenos Aires has also shown the existence of transactions that were not limited to creditors and debtors belonging to the same circle of sociability: the credit could also be deposited in a intermediator, whose reliability mitigated the risk of relational distance between creditor and debtor. Therefore, the intermediation would rely on the intermediary's ability to efficiently managing credit information about the debtor, mitigating the risks of the operation. The purpose of this paper is to investigate the role that notaries of Buenos Aires had as financial intermediaries in the credit market during the last third of the 18th century, through a statistical analysis of the deeds index of each notarial protocol, to evaluate the importance of the information in its intermediation performance. A lo largo del último tercio del siglo XVIII el crecimiento económico y la incertidumbre se conjugaban en Buenos Aires, cuya interacción comercial continuaba apoyándose en distintas prácticas de endeudamiento, tal como sucedía desde la emergencia de la ciudad. Para afrontar los riesgos inherentes a la interacción crediticia, los actores podían depositar su crédito en tomadores confiables, cuya correspondencia se presumía asegurada por la proximidad relacional entre las partes. Pero el caso de Buenos Aires también ha dado cuenta de la existencia de transacciones que no se circunscribían a acreedores y deudores pertenecientes a un mismo círculo de sociabilidad: el crédito podía depositarse, asimismo, en un mediador cuya fiabilidad atenuase el riesgo de la distancia relacional entre acreedor y deudor. Y esa mediación habría de apoyarse, por lo tanto, en la capacidad del intermediario para gestionar eficientemente la información crediticia sobre el deudor y, con ello, los riesgos de la operación. El presente artículo tiene por objetivo indagar el rol que los escribanos porteños tuvieron como intermediarios financieros en el mercado de créditos durante el último tercio del siglo XVIII. Se realiza un análisis estadístico sobre los abecedarios de cada protocolo notarial y se evalúa la importancia de la información en su desempeño. Instituto de Historia Americana y Argentina. Facultad de Filosofía y Letras. Universidad Nacional de Cuyo. 2021-07-17 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Article evaluated by two external evaluators Artículo evaluado por dos evaluadores externos application/pdf text/xml text/html https://revistas.uncu.edu.ar/ojs3/index.php/revihistoriargenyame/article/view/4919 10.48162/rev.44.001 Revista de Historia Americana y Argentina; Vol. 56 Núm. 1 (2021): Enero / Junio; 19-62 2314-1549 0556-5960 spa https://revistas.uncu.edu.ar/ojs3/index.php/revihistoriargenyame/article/view/4919/3761 https://revistas.uncu.edu.ar/ojs3/index.php/revihistoriargenyame/article/view/4919/3763 https://revistas.uncu.edu.ar/ojs3/index.php/revihistoriargenyame/article/view/4919/3764 https://creativecommons.org/licenses/by-nc-sa/4.0 |
| institution |
Universidad Nacional de Cuyo |
| building |
Revistas en línea |
| filtrotop_str |
Revistas en línea |
| collection |
Revista de Historia Americana y Argentina |
| journal_title_str |
Revista de Historia Americana y Argentina |
| institution_str |
I-11 |
| repository_str |
R-102 |
| language |
spa |
| format |
Online |
| author |
Wasserman, Martín L. E. |
| spellingShingle |
Wasserman, Martín L. E. El escribano y la mano visible. Intermediación financiera y crédito en un contexto de información asimétrica (Buenos Aires, siglo XVIII) crédito intermediación finanzas información Buenos Aires credit intermediation finances information Buenos Aires |
| author_facet |
Wasserman, Martín L. E. |
| author_sort |
Wasserman, Martín L. E. |
| title |
El escribano y la mano visible. Intermediación financiera y crédito en un contexto de información asimétrica (Buenos Aires, siglo XVIII) |
| title_short |
El escribano y la mano visible. Intermediación financiera y crédito en un contexto de información asimétrica (Buenos Aires, siglo XVIII) |
| title_full |
El escribano y la mano visible. Intermediación financiera y crédito en un contexto de información asimétrica (Buenos Aires, siglo XVIII) |
| title_fullStr |
El escribano y la mano visible. Intermediación financiera y crédito en un contexto de información asimétrica (Buenos Aires, siglo XVIII) |
| title_full_unstemmed |
El escribano y la mano visible. Intermediación financiera y crédito en un contexto de información asimétrica (Buenos Aires, siglo XVIII) |
| title_sort |
notary and the visible hand. financial intermediation and credit in an asymmetrical information context (buenos aires, 18th century) |
| description |
At the last third of the 18th century, Buenos Aires combined economic growth and uncertainty, meanwhile the commercial interaction in the city continued to be supported by different credit practices (as it had been since the emergence of the city).
In order to face the inherent risks of credit interaction, economic actors could deposit their credit with reliable borrowers, whose payment was assured by the relational proximity with the creditor. But the case of Buenos Aires has also shown the existence of transactions that were not limited to creditors and debtors belonging to the same circle of sociability: the credit could also be deposited in a intermediator, whose reliability mitigated the risk of relational distance between creditor and debtor. Therefore, the intermediation would rely on the intermediary's ability to efficiently managing credit information about the debtor, mitigating the risks of the operation.
The purpose of this paper is to investigate the role that notaries of Buenos Aires had as financial intermediaries in the credit market during the last third of the 18th century, through a statistical analysis of the deeds index of each notarial protocol, to evaluate the importance of the information in its intermediation performance. |
| publisher |
Instituto de Historia Americana y Argentina. Facultad de Filosofía y Letras. Universidad Nacional de Cuyo. |
| publishDate |
2021 |
| url |
https://revistas.uncu.edu.ar/ojs3/index.php/revihistoriargenyame/article/view/4919 |
| topic |
crédito intermediación finanzas información Buenos Aires credit intermediation finances information Buenos Aires |
| topic_facet |
crédito intermediación finanzas información Buenos Aires credit intermediation finances information Buenos Aires |
| work_keys_str_mv |
AT wassermanmartinle notaryandthevisiblehandfinancialintermediationandcreditinanasymmetricalinformationcontextbuenosaires18thcentury AT wassermanmartinle elescribanoylamanovisibleintermediacionfinancieraycreditoenuncontextodeinformacionasimetricabuenosairessigloxviii |
| _version_ |
1800220763057291264 |
