Competition in the Colombian Banking Sector
Códigos JEL.: E44, G21, L13
- Autores:
-
Perez Reyna, David Alejandro
Rodríguez Barraquer, Tomás
Tovar Mora, Jorge Andrés
- Tipo de recurso:
- Work document
- Fecha de publicación:
- 2025
- Institución:
- Universidad de los Andes
- Repositorio:
- Séneca: repositorio Uniandes
- Idioma:
- eng
- OAI Identifier:
- oai:repositorio.uniandes.edu.co:1992/76165
- Acceso en línea:
- https://hdl.handle.net/1992/76165
- Palabra clave:
- Competition
Banking sector
Liquidity regulation
Economía
- Rights
- openAccess
- License
- https://repositorio.uniandes.edu.co/static/pdf/aceptacion_uso_es.pdf
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Competition in the Colombian Banking Sector |
| title |
Competition in the Colombian Banking Sector |
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Competition in the Colombian Banking Sector Competition Banking sector Liquidity regulation Economía |
| title_short |
Competition in the Colombian Banking Sector |
| title_full |
Competition in the Colombian Banking Sector |
| title_fullStr |
Competition in the Colombian Banking Sector |
| title_full_unstemmed |
Competition in the Colombian Banking Sector |
| title_sort |
Competition in the Colombian Banking Sector |
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Perez Reyna, David Alejandro Rodríguez Barraquer, Tomás Tovar Mora, Jorge Andrés |
| dc.contributor.author.none.fl_str_mv |
Perez Reyna, David Alejandro Rodríguez Barraquer, Tomás Tovar Mora, Jorge Andrés |
| dc.subject.keyword.none.fl_str_mv |
Competition Banking sector Liquidity regulation |
| topic |
Competition Banking sector Liquidity regulation Economía |
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Economía |
| description |
Códigos JEL.: E44, G21, L13 |
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2025 |
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2025-05-08T20:03:48Z |
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eng |
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Documentos CEDE; 2025-14 |
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31 páginas |
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Perez Reyna, David AlejandroRodríguez Barraquer, TomásTovar Mora, Jorge Andrés2025-05-08T20:03:48Z2025-05-08T20:03:48Z2025-051657-7191https://hdl.handle.net/1992/76165Códigos JEL.: E44, G21, L13In this paper, we analyze the competition in the Colombian banking sector using banklevel monthly balance sheet information. We estimate the changes in measures of market power due to the exogenous introduction of a liquidity regulation. Our results suggest that introducing a net stable funding ratio increased the Lerner index in the short term, thus signaling a higher exercise of market power. We rationalize these changes in a simple theoretical model that allows us to analyze the tightening of liquidity requirements for banks and find that a higher Lerner index implies more market power in the loan market than in the deposit market.En este artículo, analizamos la competencia en el sector bancario colombiano utilizando información mensual de los balances de los bancos. Estimamos los cambios en las medidas de poder de mercado debido a la introducción exógena de una regulación de liquidez. Nuestros resultados sugieren que la introducción de un ratio de financiación estable neta incrementó el índice de Lerner a corto plazo, que indica un mayor ejercicio de poder de mercado. Racionalizamos estos cambios en un modelo teórico simple que nos permite analizar el endurecimiento de los requisitos de liquidez para los bancos y observamos que un índice de Lerner más alto implica un mayor poder de mercado en el mercado de préstamos que en el de depósitos.31 páginasapplication/pdfengDocumentos CEDE; 2025-14https://repositorio.uniandes.edu.co/static/pdf/aceptacion_uso_es.pdfinfo:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Competition in the Colombian Banking SectorDocumento de trabajoinfo:eu-repo/semantics/workingPaperinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_8042http://purl.org/coar/version/c_970fb48d4fbd8a85Texthttp://purl.org/redcol/resource_type/WPCompetitionBanking sectorLiquidity regulationEconomíaPublicationORIGINALdcede2025-14.pdfdcede2025-14.pdfapplication/pdf10843189https://repositorio.uniandes.edu.co/bitstreams/2d162ae2-e991-4978-8312-59771f310407/download376c8814fd886d4dcdc4df4f52ea1f29MD51LICENSElicense.txtlicense.txttext/plain; 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