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dc.creatorMurcia, Andrés
dc.creatorPiñeros-Gordo, José Hernán
dc.date.created2006-10-10
dc.date.issued2006-10-10
dc.identifier.urihttp://repositorio.banrep.gov.co/handle/20.500.12134/2074
dc.descriptionSe evaluó el ciclo crediticio y los determinantes de oferta y demanda, en el caso colombiano se evalúo el racionamiento de crédito a través de los balances de las entidades financieras.
dc.description.abstractElements of both supply and demand interact during a financial crisis, which explains the precarious growth in credit. Nonetheless, it is important that demand-side incentives be generated ex post. These also help to reactivate loans by fueling the supply of credit. The latter usually remains depressed due to aspects that become relevant during and after a crisis, such as low bank capitalization and the increased risk aversion banks experience with a high rate of non-performing and doubtful loans. This situation can balance out when banks find investment alternatives in the financial market that might not provide a great deal of return, but keep risks low compared to the risk of extending credit at that particular moment. Clearly, after one of the worse financial crises in times recent (1998-1999), a number of elements emerged in Colombia that did, in fact, encourage the demand for credit. The reduction in interest rates at a time of generous liquidity, the growth in domestic and foreign investment, and good export performance are some examples, all of which have stimulated the growth in revenue. Moreover, the behavior of agents in the economy, particularly households, shows a low indebtedness level. This surely allowed for a certain amount of momentum in bank loans, which helped put the Colombian economy back on the path to growth. However, to achieve the growth required, for example, to lower the jobless rate and to provide greater well-being, we must identify the barriers might explain the slow growth in loans, especially mortgage loans, and determine if these barriers remain on the supply side.
dc.format.extent13 páginas : gráficas, tablas
dc.format.mimetypePDF
dc.language.isospa
dc.publisherBanco de la República de Colombia
dc.relation.ispartofDocumentos de Trabajo
dc.relation.ispartofseriesTemas de Estabilidad Financiera
dc.relation.isversionofTemas de Estabilidad Financiera ; No. 21
dc.rights.accessRightsOpen Access
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/
dc.subjectCrédito
dc.subjectBalances
dc.subjectOferta y demanda
dc.subjectRacionamiento
dc.subjectColombia
dc.titleDeterminantes de la oferta de crédito en el sector financiero colombiano
dc.title.alternativeCredit supply determinants in the colombian financial sector
dc.typeWorking Paper
dc.subject.jelE50 - Monetary Policy, Central Banking, and the Supply of Money and Credit: General
dc.subject.jelG21 - Banks; Depository Institutions; Micro Finance Institutions; Mortgages
dc.subject.jelG29 - Financial Institutions and Services: Other
dc.audiencePolicymakers
dc.audienceResearchers
dc.audienceStudents
dc.audienceTeachers
dc.subject.keywordCredit
dc.subject.keywordBalances
dc.subject.keywordSupply and demand
dc.subject.keywordRationing
dc.subject.keywordColombia
dc.subject.lembCrédito -- Colombia
dc.subject.lembInstituciones financieras -- Colombia
dc.subject.lembMercado bancario -- Colombia
dc.type.spaDocumentos de trabajo
dc.rights.spaAcceso abierto
dc.rights.ccAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0
dc.subject.jelspaE50 - Política monetaria, bancos centrales, oferta de dinero y crédito: Generalidades
dc.subject.jelspaG21 - Bancos; Instituciones de depósito; Instituciones Microfinancieras; Hipotecas
dc.subject.jelspaG29 - Instituciones y servicios financieros: Otros
dc.type.hasversionPublished Version
dc.coverage.sucursalBogotá
dc.source.bibliographicCitationHuertas, C.; Jalil, M.; Olarte, S.; Romero, J. V. (2005) “Algunas consideraciones sobre el canal del crédito y la transmisión de tasas de interés en Colombia”, Borradores de Economía, núm. 351, Banco de la República.
dc.source.bibliographicCitationMurcia, A.; Piñeros, H. (2006b). “Determinantes de la oferta de crédito en Colombia: ¿Aún existe un problema de racionamiento de crédito?” (mimeo), Departamento de Estabilidad Financiera, Banco de la República.
dc.source.bibliographicCitationUrrutia, M. (1999) “Crédito y reactivación económica” (Nota Editorial), Revista del Banco de la República, núm. 860, v. LXXII, Banco de la República, junio.
dc.rights.disclaimerLas opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
dc.relation.repechttps://ideas.repec.org/p/bdr/temest/021.html
dc.identifier.handlehttp://hdl.handle.net/20.500.12134/2074


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