Borradores de Economia
Número:
803
Publicado:
Clasificación JEL:
C31, G21, G32
Palabras clave:
Money Market, Interbank, collateral, Collateralized Borrowing
Lo más reciente
Juan Esteban Carranza-Romero, Alejandra González-Ramírez, Mauricio Villamizar-Villegas
Hernán Rincón-Castro, Steven Zapata-Álvarez
Under the view that the market is a weighted and directed network (Barabási, 2003), this document is a first attempt to model the Colombian money market within a spatial econometrics framework. By estimating two standard spatial econometric models, we stu