Determinants Of Interest Margins In Colombia
LAP LAMBERT Academic Publishing
ISBN13:
9783330351356
$44.21
This paper analyzes the determinants of interest margins in the Colombian Financial System. Based on the model by Ho and Saunders (1981), interest margins are modeled as a function of the pure spread and bank-specific institutional imperfections using quarterly data for the period 1994: IV-2005: III. Additionally, the pure spread is estimated as a function of market power and interest rate volatility. The results indicate that interest margins are mainly affected by credit institutions' inefficiency and to a lesser extent by credit risk exposure and market power. This implies that public policies should be oriented towards creating the necessary market conditions for banks to enhance their efficienc
- | Author: Dairo Estrada
- | Publisher: Lap Lambert Academic Publishing
- | Publication Date: Jun 06, 2019
- | Number of Pages: 52 pages
- | Language: English
- | Binding: Paperback
- | ISBN-10: 3330351357
- | ISBN-13: 9783330351356
- Author:
- Dairo Estrada
- Publisher:
- Lap Lambert Academic Publishing
- Publication Date:
- Jun 06, 2019
- Number of pages:
- 52 pages
- Language:
- English
- Binding:
- Paperback
- ISBN-10:
- 3330351357
- ISBN-13:
- 9783330351356