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Crédito Y Depósitos Bancarios En Colombia (1990-2004): Una Relación De Largo Plazo

Author

Listed:
  • Luz Adriana Flórez

    ()

  • Carlos Esteban Posada
  • José Fernando Escobar

    ()

Abstract

A fin de interpretar el desempeño del crédito bancario observado durante los años noventa y principios del actual decenio en Colombia, se construyó un modelo teórico de equilibrio general dinámico. Además, se puso a prueba econométrica la ecuación generada en tal modelo que establece una relación de equilibrio entre depósitos, crédito y tasa de interés activa (con datos del período 1990:01- 2004:04). Las pruebas econométricas y los impulsos-respuestas (estos últimos obtenidos gracias a la metodología de «tendencias comunes») permiten considerar plausibles dos hipótesis: a) existe una relación de equilibrio entre depósitos, crédito y tasa de interés activa como la que se deduce del modelo teórico, y b) la crisis de finales de los años noventa fue una ruptura transitoria del equilibrio y no un cambio estructural, así que la situación actual (junio de 2004) puede entenderse como una etapa de retorno al equilibrio.

Suggested Citation

  • Luz Adriana Flórez & Carlos Esteban Posada & José Fernando Escobar, 2005. "Crédito Y Depósitos Bancarios En Colombia (1990-2004): Una Relación De Largo Plazo," ENSAYOS SOBRE POLÍTICA ECONÓMICA, BANCO DE LA REPÚBLICA - ESPE, vol. 23(48), pages 12-63, June.
  • Handle: RePEc:col:000107:002235
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    References listed on IDEAS

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    Cited by:

    1. Luis Eduardo Arango & Lina Cardona-Sosa, 2015. "Determinants of consumer credit within a debt constrained framework. Evidence from microdata," Borradores de Economia 912, Banco de la Republica de Colombia.

    More about this item

    Keywords

    Depósitos bancarios; crédito; tasa de interés; vector de corrección;

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy

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