developing a better understanding of credit and its mechanisms. A rapidly growing strand of the literature views banks as facing … funding restrictions that condition their borrowing to a risk-based capital constraint which, in turn, affects bank lending …. This work explores the way banks in Colombia manage their balance sheet and sheds light into the dynamics of credit and …

market power and interest rate volatility. Results indicate that interest margins are mainly a®ected by credit institutions …' ine±ciency and to a lesser extent by credit risk exposure and market power. This implies that public policies should be …

This paper presents two versions of a spatial competition model for the banking sector. The first version, describes a … framework that follows closely Salop’s spatial competition model. This version is modified in the second part by introducing the … loan market and default risk probabilities for credit. Both theoretical approaches are analyzed empirically for the …

This paper presents a multimarket spatial competition oligopoly model for the Colombian deposit market, in line with …

bank lending channel (and the risk-taking channel) literature. The impact of short-term interest rates on the growth rate …

In this paper we seek to assess the ability of banks to withstand the e?ects of an increase in credit risk as a result … of changes in the macroeconomic environment. To do so we estimate a credit risk model for each loan type as a function of …

In recent years, credit growth has been accelerated recording higher levels of credit as a percentage of GDP, compared … to previous years in some countries of Latin America. In Colombia, credit to GDP indicator had increased almost 10 … percentage points in the last five years. For this reason, it is interesting to study the behavior in Colombia analyzing credit …