The purpose of this paper is to estimate a new index of competition for the banking industry—the Boone indicator—which allows evaluating the level of competition in specific segments of credit, in our case, consumer credit. Additionally, it is intended to determine whether the evolution of...

The effectiveness of deposit insurance in eliminating panic runs varies with the size of coverage and the degree of supervisory involvement of the agency in charge of insurance. When the agency is not involved in the supervision of banks, partial insurance preserves the monitoring role of...

Este artículo constituye el primer esfuerzo por proporcionar una caracterización extensiva de la deuda financiera de los hogares chilenos en la última década, que permita contribuir al debate con una evaluación del riesgo que este segmento conlleva para el sistema financiero chileno. Con...

This paper studies the intertemporal effects that capital regulation has on curbing bank risk taking, using the seminal model proposed in Blum (1999). Threshold values of the requirement in each period, for which capital regulation start affecting bank risk taking decisions, are calculated. One...

We analyze the possible effects of eventual changes in regulatory limits to the loan-to-value ratio (LTV) for residential mortgage loans in Chile. In Chile there are three major types of mortgage loans, but the market is concentrated in the type without regulatory limits to the LTV. However,...