Borradores de Economia
Número:
92
Publicado:
Clasificación JEL:
G21, F30, F34, O4, E43, E5
Palabras clave:
Banking, Cost, Capital
Lo más reciente
Karina Acosta, Jesus Saldaña
Jhorland Ayala-García, Leider Manjarres-Beleño, María Urueta-Polo
Luis E. Arango, Luis E. Arango, Luz Adriana Flórez, Carlos Esteban Posada
The paper provides a model of the banking firm in the macroeconomy intended to explain what determines the interest rate spread. A key factor explaining the spread in our model is the resource cost of capital. A statistical result confirms the prediction