The risk-taking channel in Colombia revisited

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Borradores de Economía; No. 690
Date published
2012-02-13
Date of last update
2012-02-13
Author
López-Piñeros, Martha Rosalba
Tenjo-Galarza, Fernando
Zárate-Solano, Hector Manuel
Document language
spa
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Las 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.
Abstract
Levels of interest rates below historical norms may have enhanced financial instability in developed and developing economies during the 2000's. The risk taking channel of monetary policy transmission is a recent theory that explains the interaction betwe
JEL Codes
G21 - Banks; Depository Institutions; Micro Finance Institutions; MortgagesE44 - Financial Markets and the MacroeconomyL14 - Transactional Relationships; Contracts and Reputation; Networks
Keywords
Monetary policy ; Lending standards ; Risk taking ; Duration analysis ; Probit models ;
URI
https://repositorio.banrep.gov.co/handle/20.500.12134/5707
https://hdl.handle.net/20.500.12134/5707
https://doi.org/10.32468/be.690
https://ideas.repec.org/p/bdr/borrec/690.html
https://ideas.repec.org/p/col/000094/009313.html
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This work is licensed under a Creative Commons Reconocimiento-NoComercial 4.0.This document has been deposited by the author (s) under the following certificate of deposit