An empirical characterization of mortgage default in Colombia between 1997 and 2004

Borradores de Economia
Número: 
450
Publicado: 
Clasificación JEL: 
D4, G21, L13, R12
Palabras clave: 
Banking, Location, Competition, Colombia

Lo más reciente

Jhorland Ayala-García, Jaime Alfredo Bonet-Moron, Eduardo A. Haddad, Inácio F. Araújo
Hans-Erik Edsand, Andrés Aleán-Romero, Jhorland Ayala-García, Tania Jiménez Castilla, Sandra C. Valencia

This paper examines the relationship between mortgage default decisions and relevant observable variables under the light of a random utility model. The focus of the study is the Colombian mortgage market between 1997 and 2004 using two separate data sets