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The bank lending channel of monetary policy : does the financial structure of banks matter

José Eduardo
Gómez-González
Ali M.
Kutan
Jair Neftali
Ojeda-Joya
María Camila
Ortiz
Lunes, 8 Agosto 2016

This paper tests the importance of the financial structure of banks in the bank lending channel of monetary policy transmission in Colombia, using an unbalanced panel of 51 banks for the period of 1996:4-2014:8. We find that an increase in the interbank r