Consumer credit performance over the business cycle In Colombia : some empirical facts

Número: 
861
Publicado: 
Clasificación JEL: 
C41, E32, E44, G21
Palabras clave: 
accruing loans, nonperforming loans, survival function, economic slowdown

This paper studies the behavior of the survival function of accruing loans during the slowdown experienced by the Colombian economy between January-2008 and March-2009 as documented by Alfonso et al. (2013). We use a dataset with information of different