Consumer credit performance over the business cycle In Colombia : some empirical facts

Arango, Luis E.; Cardona-Sosa, Lina Marcela

Consumer credit performance over the business cycle In Colombia : some empirical facts

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Borradores de Economía; No. 861

Date published

2015-01-14

Date

2015-01-14

Authors

Arango, Luis E.
Cardona-Sosa, Lina Marcela

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.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

This paper studies the behavior of the survival function of accruing loans during the slowdown experienced by the Colombian economy between January-2008 and March-2009 as documented by Alfonso et al. (2013). We use a dataset with information of different