Testing the law of one price in retail banking: An analysis for Colombia using a pair-wise approach

"We apply a pair-wise approach to test the law of one price for deposit (lending) rates in Colombia. We find that when banks are of different sizes, deposit rates adjust quickly, suggesting a competitive environment. By contrast, lending rates adjust rapidly when banks are of similar sizes, sup...

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Detalles Bibliográficos
Autores Principales: "Iregui, Ana María, Otero, Jesús"
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: 2013
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/23897
https://doi.org/10.1016/j.econlet.2012.09.013