Colombian central bank should examine transmission in greater detail – paper
Colombian banks with higher levels of solvency “less sensitive” to changes in interest rate, authors say
The Central Bank of Colombia should go into greater detail when studying the behaviour of the transmission of monetary policy, a working paper published by the central bank says.
Jose Gomez-Gonzalez, Ali Kutan, Jair Ojeda-Joya and María Camila Ortiz test the importance of the financial structures of banks to the bank lending channel of monetary policy transmission in Colombia, in their paper Bank lending channel of transmission of monetary policy: does the financial structure of banks matter?
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