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

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José Vicente Romero-Chamorro, Sara Naranjo-Saldarriaga, Jonathan Muñoz-Martínez
Felipe Roldán-Ferrín, Julián Andrés Parra-Polanía
Nicol Valeria Rodríguez-Rodríguez, Hernán Dario Perdomo-Sánchez
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