Borradores de Economia
Number:
407
Published:
Classification JEL:
G21, E43, E44, E52
Keywords:
Monetary transmission mechanisms, Interest rate pass-through, Banking.
The most recent
Daniel Herrera-Araujo, Jorge Florez-Acosta
Luis Armando Galvis-Aponte, Adriana Marcela Rivera-Zárate
Diego Fernando Cuesta-Mora, Fredy Alejandro Gamboa-Estrada, Camilo Eduardo Sánchez-Quinto
Banks and other credit institutions are key players in the transmission of monetary policy, especially in emerging market economies, where the responses of deposit and loan interest rates to shifts in policy rates are among the most important channels. Th