Número:
790
Publicado:
Clasificación JEL:
E44, E52, G21
Palabras clave:
Interbank Market; Overnight Rates; Reserve Demand
Lo más reciente
Jaime Alfredo Bonet-Moron, Jhorland Ayala-García
We set a dynamic stochastic model for the interbank daily market forfunds in Colombia. The framework features exogenous reserve requirements and requirement period, competitive trading among heterogeneouscommercial banks, daily open market operations held