Determinants of Interest Margins in Colombia

Borradores de Economia
Número: 
393
Publicado: 
Clasificación JEL: 
L11, L41, L89, G21
Palabras clave: 
Interest Margins, Competition, Credit risk, Interest Rate Risk.

Lo más reciente

Hans-Erik Edsand, Andrés Aleán-Romero, Jhorland Ayala-García, Tania Jiménez Castilla, Sandra C. Valencia
Ana María Iregui-Bohórquez, Ligia Alba Melo-Becerra, María Teresa Ramírez-Giraldo, Jorge Leonardo Rodríguez Arenas
Diana Ricciulli-Marin, Mateo Uribe-Castro

This paper analyzes the determinants of interest margins in the Colombian Financial System. Based on the model by Ho and Saunders (1981), interest margins are modelled as a function of the pure spread and bank-specific institutional imperfections using qu