IDEAS home Printed from https://ideas.repec.org/p/col/000089/015288.html
   My bibliography  Save this paper

Transmisión de la política monetaria en Colombia: El carácter heterogéneo del canal de préstamos bancarios

Author

Listed:
  • Maria Camila Ortiz Gelvez

Abstract

Este documento encuentra que un aumento en la tasa interbancaria (proxy de la tasa de intervención) tiene como respuesta una caída en el crecimiento de la cartera total de los bancos en Colombia. Al desagregar por tipo de política, se observa que el canal de préstamos bancarios actúa con más fuerza en momentos de contracción monetaria, exhibiendo mayores reacciones en los bancos con bajos niveles de solvencia frente a los de alta solvencia. En contraste, cuando la política es expansiva el segmento de alta solvencia es el único que exhibe la presencia del canal de préstamos bancarios, mientras que en los bancos con indicadores inferiores no se evidencia ningún efecto de dicho mecanismo.

Suggested Citation

  • Maria Camila Ortiz Gelvez, 2017. "Transmisión de la política monetaria en Colombia: El carácter heterogéneo del canal de préstamos bancarios," Documentos CEDE 15288, Universidad de los Andes, Facultad de Economía, CEDE.
    • Handle: RePEc:col:000089:015288
    as

    Download full text from publisher

    File URL: https://repositorio.uniandes.edu.co/bitstream/handle/1992/8707/dcede2017-01.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Política monetaria; Préstamos bancarios; Solvencia.;
    All these keywords.

    JEL classification:

    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E59 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Other
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:col:000089:015288. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Universidad De Los Andes-Cede (email available below). General contact details of provider: https://edirc.repec.org/data/ceandco.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.