Uncertainty in the Money supply mechanism and interbank markets in Colombia

Camilo González; Luisa Fernanda Silva-Escobar; Carmiña Ofelia Vargas-Riaño; Andrés M. Velasco

Borradores de Economia

Number:

790

Published:

Friday, 1 November 2013

Classification JEL:

E44, E52, G21

Keywords:

Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

Download document

The most recent

Unpaid Care Work and Regional Gender Gaps in Labor Force Participation in Colombia

Luis Armando Galvis-Aponte, Adriana Marcela Rivera-Zárate

Minimum Markup Laws and Multiproduct Pricing

Daniel Herrera-Araujo, Jorge Florez-Acosta

Assessing the Effects of Recent Provisioning Rules on Consumer Credit Allocation in Colombia

Diego Fernando Cuesta-Mora, Fredy Alejandro Gamboa-Estrada, Camilo Eduardo Sánchez-Quinto

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