| dc.creator | Morales-Mosquera, Miguel Ángel |
| dc.creator | Zamudio-Gómez, Nancy Eugenia |
| dc.date.created | 2013-06-01 |
| dc.date.issued | 2013-06 |
| dc.identifier.uri | https://repositorio.banrep.gov.co/handle/20.500.12134/6486 |
| dc.description | Este documento analiza la relación entre estabilidad financiera y concentración bancaria en la economía colombiana para el período 1994-2009. Para evaluar esta relación, se construyó un panel dinámico desbalanceado en el que se relacionan indicadores de estabilidad financiera y concentración, controlado por factores macroeconómicos y variables que reflejan características de los bancos y que están relacionadas con la variable de riesgo. Los resultados muestran que se presentaron mejorías en términos de estabilidad financiera a medida que el sistema bancario se concentró durante las 2 décadas más recientes; sin embargo, dicha relación no es lineal, y es posible encontrar un nivel óptimo de concentración. |
| dc.description.abstract | This article examines the relationship between financial stability and bank concentration in the Colombian economy for the period 1994-2009. To evaluate this relationship, a dynamic unbalanced panel was constructed in which the financial stability and concentration indicators controlled by macroeconomic factors are related, as well as the variables that reflect the characteristics of the banks and that are associated with the risk variable. The results show that there were improvements in terms of financial stability as the banking system consolidated over the past twenty years. However, this relationship is not linear, and it is possible to find an optimal level of consolidation. |
| dc.format.extent | 18 páginas : gráficas, tablas |
| dc.format.mimetype | PDF |
| dc.language.iso | spa |
| dc.publisher | Banco de la República de Colombia |
| dc.relation.ispartof | Artículos de revista |
| dc.relation.ispartofseries | Revista Ensayos Sobre Política Económica |
| dc.relation.isversionof | Revista Ensayos Sobre Política Económica; Vol. 31. No. 71. Junio, 2013. Pág.: 36-53. |
| dc.relation.uri | http://www.elsevier.es/es-revista-ensayos-sobre-politica-economica-387-articulo-que-tipo-relacion-existe-colombia-X012044831361015X |
| dc.rights.accessRights | Open Access |
| dc.rights.uri | https://creativecommons.org/licenses/by-nc-sa/4.0/ |
| dc.subject | Estabilidad financiera |
| dc.subject | Concentración |
| dc.subject | Competencia |
| dc.subject | Panel dinámico |
| dc.title | ¿Qué tipo de relación existe en Colombia entre concentración bancaria y estabilidad financiera? |
| dc.title.alternative | Is there a relationship between bank concentration and financial stability? |
| dc.type | Article |
| dc.subject.jel | D40 - Market Structure, Pricing, and Design: General |
| dc.subject.jel | G21 - Banks; Depository Institutions; Micro Finance Institutions; Mortgages |
| dc.subject.jel | L11 - Production, Pricing, and Market Structure; Size Distribution of Firms |
| dc.audience | Policymakers |
| dc.audience | Researchers |
| dc.audience | Students |
| dc.audience | Teachers |
| dc.subject.keyword | Financial stability |
| dc.subject.keyword | Concentration |
| dc.subject.keyword | Competition |
| dc.subject.keyword | Dynamic panel |
| dc.subject.lemb | Estabilidad financiera -- Colombia -- 1990-2010 |
| dc.subject.lemb | Concentración bancaria -- Colombia -- 1990-2010 |
| dc.type.spa | Artículo |
| dc.rights.spa | Acceso abierto |
| dc.rights.cc | Atribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0 |
| dc.subject.jelspa | D40 - Estructura de mercado, formación de precios y diseño: Generalidades |
| dc.subject.jelspa | G21 - Bancos; Instituciones de depósito; Instituciones Microfinancieras; Hipotecas |
| dc.subject.jelspa | L11 - Producción, fijación de precios y estructura de mercado; Distribución de las empresas por tamaño |
| dc.type.hasversion | Published Version |
| dc.coverage.sucursal | Bogotá |
| dc.relation.issn | 0120-4483 |
| dc.source.bibliographicCitation | Allen, F. y Gale, D. (2004). Competition and Financial Stability. Journal of Money, Credit and Banking, 36, 453-480. |
| dc.source.bibliographicCitation | Anderson, T. W. y Hsiao, C. (1981). Estimation of Dynamic Models with Error Components. Journal of the American Statistical Association, 76, 598-606. |
| dc.source.bibliographicCitation | Arellano, M. y Bond, S. (1991). Some Tests of Specification for Panel Data: MonteCarlo evidence and an application to employment equations. The Review of Economic Studies, 58, 277-297. |
| dc.relation.doi | https://doi.org/10.1016/S0120-4483(13)70009-5 |
| dc.relation.repec | https://ideas.repec.org/a/bdr/ensayo/v31y2013i71p36-53.html |
| dc.relation.dotec | https://ideas.repec.org/a/col/000107/010886.html |
| dc.identifier.handle | https://hdl.handle.net/20.500.12134/6486 |
| dc.source.handleRepec | RePEc:col:000107:010886 |
| dc.source.handleRepec | RepEc:bdr:ensayo:v:31:y:2013:i:71:p:36-53 |
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
