The bank lending channel of monetary policy : does the financial structure of banks matter
This paper tests the importance of the financial structure of banks in the bank lending channel of monetary policy transmission in Colombia, using an unbalanced panel of 51 banks for the period of 1996:4-2014:8. We find that an increase in the interbank r
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oai:RI-BanRep:20.500.12134-62642019-04-16T16:30:42Z The bank lending channel of monetary policy : does the financial structure of banks matter Gómez-González, José Eduardo Kutan, Ali M. Ojeda-Joya, Jair N. Ortiz, María Camila E59 - Monetary Policy, Central Banking, and the Supply of Money and Credit: Other E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit E52 - Monetary Policy G21 - Banks; Depository Institutions; Micro Finance Institutions; Mortgages Monetary policy transmission Bank lending channel Bank financial structure Solvency Heterogeneous effects Colombia Mecanismos de transmisión monetaria -- Colombia -- 1996-2014 Bancos -- Colombia -- 1996-2014 Instituciones financieras -- Colombia -- 1996-2014 Préstamos bancarios -- Colombia -- 1996-2014 E5 - Política monetaria, bancos centrales, oferta de dinero y crédito G21 - Bancos; Instituciones de depósito; Instituciones Microfinancieras; Hipotecas E52 - Política monetaria E59 - Política monetaria, bancos centrales, oferta de dinero y crédito: Otros This paper tests the importance of the financial structure of banks in the bank lending channel of monetary policy transmission in Colombia, using an unbalanced panel of 51 banks for the period of 1996:4-2014:8. We find that an increase in the interbank r 2016-08-03 2016-08-03 Working Paper Documentos de trabajo Published Version http://repositorio.banrep.gov.co/handle/20.500.12134/6264 http://hdl.handle.net/20.500.12134/6264 spa Documentos de Trabajo Borradores de Economía Borradores de Economía; No. 953 https://ideas.repec.org/p/bdr/borrec/953.html Open Access https://creativecommons.org/licenses/by-nc-sa/4.0/ Acceso abierto Atribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0 Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva. PDF application/pdf image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg Bogotá Banco de la República |
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Repositorio Institucional del Banco de la República de Colombia |
collection |
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language |
Español (Spanish) |
topic |
E59 - Monetary Policy, Central Banking, and the Supply of Money and Credit: Other E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit E52 - Monetary Policy G21 - Banks; Depository Institutions; Micro Finance Institutions; Mortgages Monetary policy transmission Bank lending channel Bank financial structure Solvency Heterogeneous effects Colombia Mecanismos de transmisión monetaria -- Colombia -- 1996-2014 Bancos -- Colombia -- 1996-2014 Instituciones financieras -- Colombia -- 1996-2014 Préstamos bancarios -- Colombia -- 1996-2014 E5 - Política monetaria, bancos centrales, oferta de dinero y crédito G21 - Bancos; Instituciones de depósito; Instituciones Microfinancieras; Hipotecas E52 - Política monetaria E59 - Política monetaria, bancos centrales, oferta de dinero y crédito: Otros |
spellingShingle |
E59 - Monetary Policy, Central Banking, and the Supply of Money and Credit: Other E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit E52 - Monetary Policy G21 - Banks; Depository Institutions; Micro Finance Institutions; Mortgages Monetary policy transmission Bank lending channel Bank financial structure Solvency Heterogeneous effects Colombia Mecanismos de transmisión monetaria -- Colombia -- 1996-2014 Bancos -- Colombia -- 1996-2014 Instituciones financieras -- Colombia -- 1996-2014 Préstamos bancarios -- Colombia -- 1996-2014 E5 - Política monetaria, bancos centrales, oferta de dinero y crédito G21 - Bancos; Instituciones de depósito; Instituciones Microfinancieras; Hipotecas E52 - Política monetaria E59 - Política monetaria, bancos centrales, oferta de dinero y crédito: Otros Gómez-González, José Eduardo Kutan, Ali M. Ojeda-Joya, Jair N. Ortiz, María Camila The bank lending channel of monetary policy : does the financial structure of banks matter |
description |
This paper tests the importance of the financial structure of banks in the bank lending channel of monetary policy transmission in Colombia, using an unbalanced panel of 51 banks for the period of 1996:4-2014:8. We find that an increase in the interbank r |
format |
Documento de trabajo (Working Paper) |
author |
Gómez-González, José Eduardo Kutan, Ali M. Ojeda-Joya, Jair N. Ortiz, María Camila |
author_facet |
Gómez-González, José Eduardo Kutan, Ali M. Ojeda-Joya, Jair N. Ortiz, María Camila |
author_sort |
Gómez-González, José Eduardo |
title |
The bank lending channel of monetary policy : does the financial structure of banks matter |
title_short |
The bank lending channel of monetary policy : does the financial structure of banks matter |
title_full |
The bank lending channel of monetary policy : does the financial structure of banks matter |
title_fullStr |
The bank lending channel of monetary policy : does the financial structure of banks matter |
title_full_unstemmed |
The bank lending channel of monetary policy : does the financial structure of banks matter |
title_sort |
bank lending channel of monetary policy : does the financial structure of banks matter |
publisher |
Banco de la República |
publishDate |
2016 |
url |
http://repositorio.banrep.gov.co/handle/20.500.12134/6264 |
_version_ |
1637299886530494464 |
score |
12,131701 |