An Exploration on Interbank Markets and the Operational Framework of Monetary Policy in Colombia

We set a dynamic stochastic model for the interbank daily market for funds in Colombia. The framework features exogenous reserve requirements and requirement period, competitive trading among heterogeneous commercial banks, daily open market operations he

Detalles Bibliográficos
Autores Principales: González-Sabogal, Camilo, Silva-Escobar, Luisa Fernanda, Vargas-Riaño, Carmiña Ofelia, Velasco-Martínez, Andrés Mauricio
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: Banco de la República 2013
Materias:
Acceso en línea:http://repositorio.banrep.gov.co/handle/20.500.12134/5922