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Concentración y estabilidad financiero: el caso del sistema bancario colombiano

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Listed author(s):
  • Miguel Ángel Morales Mosquera

    ()

Abstract

Este documento analiza la relación entre estabilidad financiera y concentración bancaria 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, controlando 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://www.banrep.gov.co/documentos/publicaciones/report_estab_finan/2011/Tema1_sept2011.pdf
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Paper provided by Banco de la Republica de Colombia in its series Temas de Estabilidad Financiera with number 058.

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Handle: RePEc:bdr:temest:058
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Keywords: Estabilidad Financiera; Concentración; Competencia Classification JEL: D40; G21; L11;

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Find related papers by JEL classification:
  • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
  • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
  • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms

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