Uncertainty in the money supply mechanism and interbank markets in Colombia

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

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/20.500.12134/5930