Consumer credit performance over the business cycle In Colombia : some empirical facts

Borradores de Economia
Number: 
861
Published: 
Classification JEL: 
C41, E32, E44, G21
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

This paper studies the behavior of the survival function of accruing loans during the slowdown experienced by the Colombian economy between January-2008 and March-2009 as documented by Alfonso et al. (2013). We use a dataset with information of different