Interest Rate Setting and the Colombian Monetary Transmission Mechanism

Borradores de Economia
Número: 
352
Publicado: 
Clasificación JEL: 
C33, E43, E52, E58
Palabras clave: 
Banks, Monetary policy, Interest Rates, Panel Data

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This paper is concerned with interest rate setting by commercial banks and how the transmission of monetary policy is reflected in these rates. For this purpose we study the case of the Colombian banking industry for the period 1996-2004. Using microdata,