Multimarket spatial competition in the Colombian deposit market

Borradores de Economia
Number: 
413
Published: 
Classification JEL: 
D4, G21, L13, R12
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
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This paper presents a multimarket spatial competition oligopoly model for the Colombian deposit market, in line with the New Empirical Industrial Organization (NEIO) approach. In this framework, banks use price and non-price strategies to compete in the m