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Concentración y Estabilidad Financiera: el Caso del Sistema Bancario Colombiano

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  • Miguel Ángel Morales M.

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Abstract

Este documento analiza la relación entre estabilidad financiera y concentraciónbancaria en la economía colombiana para el periodo 1994-2009. Para evaluar esta relación, se construyó un panel dinámico desbalanceado en el que se relacionan indicadores de estabilidad financiera y concentración, controlado por factores macroeconómicos. Los resultados muestran que se presentaron mejorías en términos de estabilidad financiera a medida que el sistema bancario se concentró durante las dos décadas más recientes, sin embargo también se encuentra que existe un nivel de concentración óptimo, dada la forma de U que presenta la estabilidad financiera a medida que el sistema bancario se concentra.

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File URL: http://economia.uniandes.edu.co/publicaciones/dcede2011-43.pdf
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Bibliographic Info

Paper provided by UNIVERSIDAD DE LOS ANDES-CEDE in its series DOCUMENTOS CEDE with number 009250.

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Length: 40
Date of creation: 20 Sep 2011
Date of revision:
Handle: RePEc:col:000089:009250

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Keywords: Estabilidad Financiera; Concentración; Competencia;

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