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

Lo más reciente

Luis E. Arango, Luis E. Arango, Luz Adriana Flórez, Carlos Esteban Posada
Oscar Iván Ávila-Montealegre, Anderson Grajales, Juan José Ospina-Tejeiro, Mario Andrés Ramos-Veloza
Olga Lucia Acosta Navarro, Andrés Felipe Chitán-Caes, Ana María Iregui-Bohórquez, Ligia Alba Melo-Becerra, María Teresa Ramírez-Giraldo, Jorge Leonardo Rodríguez Arenas

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,