Abstract
The SPREAD is a measure of the financial system intermediation costs and affects economic growth. This article evaluates the SPREAD determinants for the Colombian economy by the period 2010-2020. We use the dynamic data panel methodology and estimate several models with the generalized moment method (GMM). The results show that the macroeconomic environment, especially unemployment, and the operational efficiency of financial institutions are important factors to explain SPREAD. Furthermore, the market concentration of the financial system is also relevant to explain the intermediation costs.
| Translated title of the contribution | The SPREAD of Interest Rates in Colombia for the Period 2010-2020 |
|---|---|
| Original language | Spanish |
| Pages (from-to) | 45-78 |
| Number of pages | 34 |
| Journal | Lecturas de Economia |
| Issue number | 97 |
| DOIs | |
| State | Published - Jul 2022 |
Bibliographical note
Publisher Copyright:© 2022 Universidad de Antioquia. All rights reserved.
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
Types Minciencias
- Artículos de investigación con calidad Q4
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