Número:
953
Publicado:
Clasificación JEL:
E5, E52, E59, G21
Palabras clave:
Monetary policy transmission, bank lending channel, Bank Financial Structure, Solvency
Lo más reciente
Joaquín Bernal-Ramírez, Carlos Alberto Arango-Arango, Luis Eduardo Castellanos-Rodríguez
Hector Manuel Zárate-Solano, Norberto Rodríguez-Niño
This paper tests the importance of the financial structure of banks in the bank lending channel of monetary policy transmission in Colombia, using an unbalanced panel of 51 banks for the period of 1996:4-2014:8. We find that an increase in the interbank r