El SPREAD de las tasas de interés en Colombia para el período 2010-2020

Juan Camilo Galvis-Ciro; Guillermo David Hincapié-Vélez; Claudio Oliveira De Moraes; Jaime García-Lopera

doi:10.17533/udea.le.n97a345596

El SPREAD de las tasas de interés en Colombia para el período 2010-2020

Juan Camilo Galvis-Ciro, Guillermo David Hincapié-Vélez, Claudio Oliveira De Moraes, Jaime García-Lopera

Grupo de Investigación en Análisis Económico

Producción científica: Contribución a una revista › Artículo en revista científica indexada › revisión exhaustiva

Resumen

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.

Título traducido de la contribución	The SPREAD of Interest Rates in Colombia for the Period 2010-2020
Idioma original	Español
Páginas (desde-hasta)	45-78
Número de páginas	34
Publicación	Lecturas de Economia
N.º	97
DOI	https://doi.org/10.17533/udea.le.n97a345596
Estado	Publicada - jul. 2022

Nota bibliográfica

Publisher Copyright:
© 2022 Universidad de Antioquia. All rights reserved.

Palabras clave

Financial Market
Interest rate
Panel Data
SPREAD

Tipos de Productos Minciencias

Artículos de investigación con calidad Q4

ODS de las Naciones Unidas

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10.17533/udea.le.n97a345596

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title = "El SPREAD de las tasas de inter{\'e}s en Colombia para el per{\'i}odo 2010-2020",

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.",

keywords = "Financial Market, Interest rate, Panel Data, SPREAD",

author = "Galvis-Ciro, {Juan Camilo} and Hincapi{\'e}-V{\'e}lez, {Guillermo David} and {De Moraes}, {Claudio Oliveira} and Jaime Garc{\'i}a-Lopera",

year = "2022",

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T1 - El SPREAD de las tasas de interés en Colombia para el período 2010-2020

AU - Galvis-Ciro, Juan Camilo

AU - Hincapié-Vélez, Guillermo David

AU - De Moraes, Claudio Oliveira

AU - García-Lopera, Jaime

PY - 2022/7

Y1 - 2022/7

N2 - 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.

AB - 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.

KW - Financial Market

KW - Interest rate

KW - Panel Data

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U2 - 10.17533/udea.le.n97a345596

DO - 10.17533/udea.le.n97a345596

M3 - Artículo en revista científica indexada

AN - SCOPUS:85138617287

SN - 0120-2596

SP - 45

EP - 78

JO - Lecturas de Economia

JF - Lecturas de Economia

IS - 97

ER -

El SPREAD de las tasas de interés en Colombia para el período 2010-2020

Resumen

Nota bibliográfica

Palabras clave

Tipos de Productos Minciencias

ODS de las Naciones Unidas

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