The Risk-Taking Channel and Monetary Transmission Mechanism in Colombia

Borradores de Economia
Número: 
616
Publicado: 
Clasificación JEL: 
E44, G21, L14
Palabras clave: 
Monetary policy, lending standards, risk taking, duration analysis

Lo más reciente

Jhorland Ayala-García, Yesica Tatiana Lara-Silva, Alejandro Alberto Vargas-Villamil, Lina Romero-Chaparro
Jesús Alonso Botero-García, Ligia Alba Melo-Becerra, Cristian Castrillón Gaviria, Daniela Gallo

The recent financial crisis has brought to the forefront the need of a better understanding of the transmission mechanisms of monetary policy. The main step forward in this direction has drawn on work aimed at stressing the role of the financial sector in