Usted está aquí

Back to top

Uncertainty in the Money supply mechanism and interbank markets in Colombia

Camilo
González
Luisa Fernanda
Silva-Escobar
Carmiña Ofelia
Vargas-Riaño
Andrés M.
Velasco
Viernes, 1 Noviembre 2013

We set a dynamic stochastic model for the interbank daily market forfunds in Colombia. The framework features exogenous reserve requirements and requirement period, competitive trading among heterogeneouscommercial banks, daily open market operations held