Borradores de Economia
Number:
169
Published:
Classification JEL:
C22, C52
Keywords:
Returns, Interest rate
The most recent
Jhorland Ayala-García, Yesica Tatiana Lara-Silva, Alejandro Alberto Vargas-Villamil, Lina Romero-Chaparro
Jesús Alonso Botero-García, Ligia Alba Melo-Becerra, Cristian Castrillón Gaviria, Daniela Gallo
Daniel Esteban Osorio-Rodríguez
This work presents some evidence of the nonlinear and inverse relationship between the share prices on the Bogotá stock market and the interest rate as measured by the interbank loan interest rate, which is to some extent affected by monetary policy. The

Andrés Gónzalez,
Carlos Esteban Posada