An Industrial Organization Analysis for the Colombian Banking System

Borradores de Economia
Number: 
528
Published: 
Classification JEL: 
D4, G21, L13, R12
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

This paper presents two versions of a spatial competition model for the banking sector. The first version, describes a framework that follows closely Salop?s spatial competition model. This version is modified in the second part by introducing the loan ma