Interest spreads in banking in Colombia, 1974-96

IMF Staff Papers

Volumn 46, Issue 2, 1999, Pages 196-224

  Barajas, Adolfo ^a   Steiner, Roberto ^b   Salazar, Natalia ^c  

^a IMF Institute   (Colombia)

^b UNIVERSIDAD DE LOS ANDES   (Colombia)

^c National Planning Department   (Colombia)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0000087845     PISSN: 10207635     EISSN: None     Source Type: Book Series    
DOI: None     Document Type: Article

References (39)

1. Acosta, Carlos E., and Luis Bernardo Villegas, 1989, Eficiencia y economías a escala en la banca," Revista de la Superintendencia Bancaria, Vol. 1 (January), pp. 1-20.
2. Barajas, Adolfo, 1996, "Interest Rates, Market Power, and Financial Taxation: An Application to Colombian Banks 1974-1988" (unpublished; Washington: IMF, November).
3. Berger, Allen N., and Robert DeYoung, 1997, "Problem Loans and Cost Efficiency in Commercial Banks," Journal of Banking and Finance, Vol. 21 (June), pp. 849-70.
4. Bernal, Olver, and Santiago Herrera, 1983, "Producción, Costos y Economías de Escala en el Sistema Bancario Colombiano," Ensayos Sobre Política Económica, Banco de la República, Vol. 3 (April), pp. 7-36.
5. Bresnahan, Timothy F., 1989, "Empirical Studies of Industries with Market Power," in Handbook of Industrial Organization, ed. by Richard Schmalensee and Robert. D. Willig (New York: Elsevier).
6. Caprio, Gerard Jr., and Lawrence H. Summers, 1993, "Finance and Its Reform: Beyond Laissez-Faire," World Bank Policy Research Working Paper No. 1171(Washington: World Bank).
7. Carvajal, Andrés M., and Juan Pablo Zárate, 1996, "Márgenes de Intermediación: Efectos de Regulación y Costos (una nota contable)" (unpublished; Bogotá, Colombia: Banco de la República).
8. Catão, Luis, 1998, "Intermediation Spreads in a Dual Currency Economy: Argentina in the 1990s," IMF Working Paper 98/90 (Washington: IMF, June).
9. Claessens, Stijn, AsIi Demirgüç-Kunt, and Harry Huizinga, 1998, "How Does Foreign Entry Affect the Domestic Banking Market?" World Bank Policy Research Working Paper No. 1918 (Washington: World Bank).
10. Claessens, Stijn, and Thomas C. Glaessner, 1998, "Intel-nationalization of Financial Services in Asia," World Bank Policy Research Working Paper No. 1911 (Washington: World Bank).
11. Clarke, George R.G., Robert Cull, Laura D'Amato, and Andrea E. Molinari, 1999, "The Effect of Foreign Entry on Argentina's Domestic Banking Sector" (unpublished; World Bank and Central Bank of Argentina).
12. Clavijo, Sergio, 1991, "El Margen de la Intermediación Financiera en Colombia," Banca y Finanzas (February), pp. 45-51.
13. _, 1992, "Overcoming Financial Crisis During Transition from a Repressed to a Market-Based System: Colombia 1970-89," in The Colombian Economy: Issues of Trade and Development, ed. by Alvin Cohen and Frank R. Gunther (Boulder, Colorado: Westview Press).
14. Denizer, Cevdet, 1999, "Foreign Entry in Turkey's Banking Sector, 1980-1997" (unpublished; Washington, IFC/World Bank).
15. Dick, Astrid, 1996, "X-Inefficiency in the Private Banking Sector of Argentina: Its Importance With Respect to Economies of Scale and Economies of Joint Production" (unpublished; Buenos Aires, Argentina: Banco Central de la República Argentina).
16. El Espectador, 1997, "Celebran Cierre a Crédito Externo" (May 22), p. 6B.
17. Ferrufino, Adriana, 1991, "Reestimación y Ampliación de la Evidencia sobre las Economías de Escala en el Sistema Financiero Colombiano," Ensayos Sobre Política Económica, Vol. 19 (June), pp. 69-96.
18. Fuentes, Rodrigo, and Miguel Basch, 1997, "Determinantes de los Spreads Bancarios: El Caso de Chile" (unpublished; Santiago, Chile: Universidad de Chile, Facultad de Ciencias Económicas y Administrativas, Departamento de Economía, March).
19. Gruben, William C., and Jahyeong Koo, 1997, "Contestability and Capital Flows in Argentina's Banking System" (unpublished; Dallas, Texas: Federal Reserve Bank of Dallas).
20. Gruben, William C., and Robert P. McComb, 1996, "Privatization, Competition, and Supracompetition in the Mexican Commercial Banking System" (unpublished; Dallas, Texas: Federal Reserve Bank of Dallas).
21. Hannan, Timothy, and J. Nellie Liang, 1993, "Inferring Market Power from Time-Series Data: The Case of the Banking Firm," International Journal of Industrial Organization, Vol. 11 (No. 2), pp. 205-218.
22. Hanson, James A., and Roberto de Rezende Rocha, 1986, High Interest Rates, Spreads, and the Costs of Intermediation: Two Studies (Washington: World Bank).
23. Hellman, Thomas, Kevin Murdock, and Joseph E. Stiglitz, 1998, "Liberalization, Moral Hazard in Banking, Prudential Regulation: Are Capital Requirements Enough?" Research Paper No. 1466, Graduate School of Business, Stanford University (Stanford, California: Stanford University).
24. Honohan, Patrick, 1999, "Consequences for Greece and Portugal of the Opening-Up of the European Banking Market" (unpublished; Washington: Development Economics Group, World Bank).
25. Judge, George, and others, 1985, The Theory and Practice of Econometrics (New York: Wiley, 2nd ed.).
26. Lora, Eduardo, ed., 1991, Apertura y Modernización: las Reformas de los Noventa (Bogotá, Colombia: Fedesarrollo and Tercer Mundo Editores).
27. Montes, Fernando, and Alberto Carrasquilla, 1986, "Sensibilidad de la Tasa de Interés Activa de los Bancos a Cambios en los Parámetros de Política Económica," Ensayos Sobre Política Económica,Vol. 10 (December), pp. 11-44.
28. Morris, Felipe, and others, 1990, Latin America's Banking Systems in the 1980's: A Cross-Country Comparison (Washington: World Bank).
29. Pastor, José M., Francisco Pérez, and Javier Quesada, 1999, "The Opening of the Spanish Banking System: 1985-1998" (unpublished; Valencia, Spain: Universidad de Valencia).
30. Randall, Ruby, 1998, "Interest Rate Spreads in the Eastern Caribbean," IMF Working Paper 98/59 (Washington: IMF, April).
31. Rojas-Suárez, Liliana and Steven Weisbrod, 1996, "The Do's and Don'ts of Banking Crisis Management," in Banking Crises in Latin America, ed. by Ricardo Hausmann and Liliana Rojas-Suárez (Washington: Inter-American Development Bank).
32. Shaffer, Sherrill, 1993, "A Test of Competition in Canadian Banking," Journal of Money, Credit and Banking, Vol. 25 (February), pp. 49-61.
33. _, 1989, "Competition in the U.S. Banking Industry," Economics Letters, Vol. 29 (No. 4), pp. 321-23.
34. Spiller, Pablo T. and Edgardo Favaro, 1984, "The Effects of Entry Regulation on Oligopolistic Interaction: The Uruguayan Banking Sector," Rand Journal of Economics, Vol. 15 (Summer), pp. 244-54.
35. Steiner, Roberto, Adolfo Barajas, and Natalia Salazar, 1997, "El Márgen de Intermediación Bancaria en Colombia," Coyuntura Económica, Vol. 17 (December), pp. 75-100.
36. Suescún Melo, Rodrigo, 1987, "Nueva Evidencia sobre Economías de Escala en la Banca Colombiana," Ensayos Sobre Política Económica, Vol. 12 (December), pp. 5-22.
37. _, and Martha Misas, 1996, "Cambio tecnológico, ineficiencia de escala e ineficiencia X en la banca colombiana," Serie Borradores Semanales de Economía, No. 59 (Bogotá, Colombia: Banco de la República).
38. Suominen, Matti, 1994, "Measuring Competition in Banking: A Two-Product Model," Scandinavian Journal of Economics, Vol. 96, No. 1, pp. 95-110.
39. Yu, Hua, 1995, "The Determinants of Interest Rate Margins: Empirical Evidence on the Canadian Banking Industry," International Journal of Finance, Vol. 7, No. 4, pp. 1373-92.