Details about Andrés Murcia

Access statistics for papers by Andrés Murcia.

Last updated 2025-04-07. Update your information in the RePEc Author Service.

Short-id: pmu331

Working Papers

2025

1. Foreign investment dynamics: The impact of benchmark-driven versus unconstrained investors on local credit conditions
   Borradores de Economia, Banco de la Republica de Colombia

2024

2. Some trends and patterns of firm financing in Colombia
   Borradores de Economia, Banco de la Republica de Colombia

2023

3. The monetary and macroprudential policy framework in Colombia in the last 30 years: the lessons learnt and the challenges for the future
   Borradores de Economia, Banco de la Republica de Colombia
   Also in Working papers, Red Investigadores de Economía (2023)
   See also Chapter The monetary and macroprudential policy framework in Colombia in the last 30 years: lessons learnt and challenges for the future, BIS Papers chapters, Bank for International Settlements (2023) (2023)

2022

4. Composición de la base de inversionistas extranjeros en el mercado de deuda pública local y variaciones en la sensibilidad de las condiciones financieras domésticas
   Working papers, Red Investigadores de Economía View citations (2)

2020

5. Does Geographical Complexity of Colombian Financial Conglomerates Increase Banks' Risk? The Role of Diversification, Regulatory Arbitrage and Funding Costs
   Borradores de Economia, Banco de la Republica de Colombia
   Also in Working papers, Red Investigadores de Economía (2020)
   See also Journal Article Does the geographical complexity of the Colombian financial conglomerates increase banks’ risk? The role of diversification, regulatory arbitrage, and funding costs, Journal of Banking & Finance, Elsevier (2022) View citations (2) (2022)
6. Effects of foreign participation in the colombian local public debt market on domestic financial conditions
   Working papers, Red Investigadores de Economía View citations (4)
   Also in Borradores de Economia, Banco de la Republica de Colombia (2020) View citations (4)

2018

7. Determinants of bank profitability in emerging markets
   BIS Working Papers, Bank for International Settlements View citations (26)

2017

8. Evaluating the Impact of Macroprudential Policies in Colombia's Credit Growth
   Borradores de Economia, Banco de la Republica de Colombia View citations (25)
9. Evaluating the impact of macroprudential policies on credit growth in Colombia
   BIS Working Papers, Bank for International Settlements View citations (18)
   See also Journal Article Evaluating the impact of macroprudential policies on credit growth in Colombia, Journal of Financial Intermediation, Elsevier (2020) View citations (31) (2020)
10. The impact of macroprudential policies and their interaction with monetary policy: an empirical analysis using credit registry
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (26)
11. The impact of macroprudential policies and their interaction with monetary policy: an empirical analysis using credit registry data
    BIS Working Papers, Bank for International Settlements View citations (31)
    See also Chapter The impact of macroprudential policies and their interaction with monetary policy: an empirical analysis using credit registry data, IFC Bulletins chapters, Bank for International Settlements (2019) View citations (12) (2019)
12. The macroprudential policy framework in Colombia
    Borradores de Economia, Banco de la Republica de Colombia View citations (3)
    See also Chapter The macroprudential policy framework in Colombia, BIS Papers chapters, Bank for International Settlements (2017) View citations (5) (2017)

2016

13. Moving in tandem: bank provisioning in emerging market economies
    BIS Working Papers, Bank for International Settlements View citations (6)

2014

14. Macro-Prudential Assessment of Colombian Financial Institutions’ Systemic Importance
    Other publications TiSEM, Tilburg University, School of Economics and Management
    Also in Discussion Paper, Tilburg University, Center for Economic Research (2014) View citations (1)
    Borradores de Economia, Banco de la Republica (2013) View citations (3)
    Borradores de Economia, Banco de la Republica de Colombia (2013) View citations (3)

2013

15. Determinantes de la tasa de cambio en Colombia: un enfoque de microestructura de mercados
    Borradores de Economia, Banco de la Republica View citations (1)
    Also in Borradores de Economia, Banco de la Republica de Colombia (2013) View citations (1)
    See also Journal Article Determinantes de la tasa de cambio en Colombia: un enfoque de microestructura de mercados, Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia (2014) View citations (2) (2014)
16. Foreign Debt Flows and Domestic Credit: A Principal-Agent Approach
    Temas de Estabilidad Financiera, Banco de la Republica de Colombia View citations (1)
17. Loans Growth and Banks´ Risk: New Evidence
    Borradores de Economia, Banco de la Republica View citations (8)
    Also in Borradores de Economia, Banco de la Republica de Colombia (2013) View citations (11)
    See also Journal Article Loan growth and bank risk: new evidence, Financial Markets and Portfolio Management, Springer (2013) View citations (18) (2013)
18. Shadow Banking y Liquidez en Colombia
    Borradores de Economia, Banco de la Republica View citations (1)
    Also in Borradores de Economia, Banco de la Republica de Colombia (2013) View citations (2)
    See also Chapter Shadow banking y liquidez en Colombia, Chapters, Banco de la Republica de Colombia (2015) (2015)

2012

19. Systemic Importance Index for financial institutions: A Principal Component Analysis approach
    Borradores de Economia, Banco de la Republica de Colombia View citations (7)
    Also in Borradores de Economia, Banco de la Republica (2012) View citations (12)

2011

20. Efectos de los Límites a las Tasas de Interés sobre la Profundización Financiera
    Temas de Estabilidad Financiera, Banco de la Republica de Colombia View citations (5)
21. Financial Conditions Index: Early and Leading Indicator for Colombia?
    Temas de Estabilidad Financiera, Banco de la Republica de Colombia View citations (15)
    See also Journal Article Financial Conditions Index: Early and Leading Indicator for Colombia, Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia (2011) View citations (5) (2011)
22. The Cyclical Behavior of Bank Capital Buffers in an Emerging Economy: Size Does Matter
    Borradores de Economia, Banco de la Republica de Colombia
    Also in Borradores de Economia, Banco de la Republica (2011)
    See also Journal Article The cyclical behavior of bank capital buffers in an emerging economy: Size does matter, Economic Modelling, Elsevier (2012) View citations (30) (2012)
23. The cyclical behavior of bank capital buffers in an emerging economy: size do matters
    Documentos de Trabajo, Universidad del Rosario

2008

24. Sistema de comisiones de las Administradoras de Fondos de Pensiones en Colombia
    Temas de Estabilidad Financiera, Banco de la Republica de Colombia View citations (2)

2007

25. DETERMINANTES DEL ACCESO AL CRÉDITO DE LOS HOGARES
    Borradores de Economia, Banco de la Republica View citations (5)
26. DETERMINANTES DEL ACCESO AL CRÉDITO DE LOS HOGARES COLOMBIANOS
    Borradores de Economia, Banco de la Republica de Colombia View citations (26)
    See also Journal Article Determinantes del acceso al crédito de los hogares colombianos, Revista ESPE - Ensayos Sobre Política Económica, Banco de la República (2007) View citations (20) (2007)
27. Desempeño financiero de los fondos de pensiones obligatorias en Colombia
    Temas de Estabilidad Financiera, Banco de la Republica de Colombia View citations (6)
28. Volatilidad de la tasa de cambio nominal en Colombia
    Borradores de Economia, Banco de la Republica View citations (4)
29. Volatilidad de la tasa de cambio nominal en Colombia y su relación con algunas variables
    Borradores de Economia, Banco de la Republica de Colombia View citations (3)
    See also Journal Article Volatilidad de la tasa de cambio nominal en Colombia y su relación con algunas variables, Coyuntura Económica, Fedesarrollo (2008) View citations (1) (2008)

2006

30. Determinantes de la oferta de crédito en el sector financiero colombiano
    Temas de Estabilidad Financiera, Banco de la Republica de Colombia View citations (1)
31. IMPACTO DE LAS OPERACIONES DE LOS FONDOS DE PENSIONES OBLIGATORIAS EN LOS MERCADOS FINANCIEROS COLOMBIANOS
    Borradores de Economia, Banco de la Republica de Colombia View citations (1)
    Also in Borradores de Economia, Banco de la Republica (2006) View citations (4)
32. Situación del crédito en Colombia desde la perspectiva del sector financiero
    Temas de Estabilidad Financiera, Banco de la Republica de Colombia View citations (3)

2005

33. Crédito, Represión Financiera y Flujos de Capitales en Colombia 1974-2003
    Borradores de Economia, Banco de la Republica de Colombia View citations (14)
    Also in Borradores de Economia, Banco de la Republica (2005) View citations (9)
    See also Journal Article Crédito, represión financiera y flujos de capitales en Colombia: 1974-2003, Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE (2005) View citations (4) (2005)

Journal Articles

2022

1. Does the geographical complexity of the Colombian financial conglomerates increase banks’ risk? The role of diversification, regulatory arbitrage, and funding costs
   Journal of Banking & Finance, 2022, 134, (C) View citations (2)
   See also Working Paper Does Geographical Complexity of Colombian Financial Conglomerates Increase Banks' Risk? The Role of Diversification, Regulatory Arbitrage and Funding Costs, Borradores de Economia (2020) (2020)

2021

2. How foreign participation in the Colombian local public debt market has influenced domestic financial conditions
   Latin American Journal of Central Banking (previously Monetaria), 2021, 2, (4) View citations (2)
   See also Chapter How foreign participation in the Colombian local public debt market has influenced domestic financial conditions, BIS Papers chapters, 2020, 113, 83-119 (2020) View citations (1) (2020)

2020

3. Evaluating the impact of macroprudential policies on credit growth in Colombia
   Journal of Financial Intermediation, 2020, 42, (C) View citations (31)
   See also Working Paper Evaluating the impact of macroprudential policies on credit growth in Colombia, BIS Working Papers (2017) View citations (18) (2017)
4. The impact of macroprudential policies in Latin America: An empirical analysis using credit registry data
   Journal of Financial Intermediation, 2020, 42, (C) View citations (48)

2016

5. Assessing Systemic Importance With a Fuzzy Logic Inference System
   Intelligent Systems in Accounting, Finance and Management, 2016, 23, (1-2), 121-153 View citations (2)

2015

6. El papel de la estructura del sistema financiero en la transmisión de la política monetaria
   Revista ESPE - Ensayos sobre Política Económica, 2015, 33, (76), 44-52
   Also in Revista ESPE - Ensayos Sobre Política Económica, 2015, 33, (76), 44-52 (2015)

2014

7. Determinantes de la tasa de cambio en Colombia: un enfoque de microestructura de mercados
   Revista ESPE - Ensayos sobre Política Económica, 2014, 32, (74), 52-67 View citations (2)
   Also in Revista ESPE - Ensayos Sobre Política Económica, 2014, 32, (74), 52-67 (2014) View citations (2)
   See also Working Paper Determinantes de la tasa de cambio en Colombia: un enfoque de microestructura de mercados, Borradores de Economia (2013) View citations (1) (2013)
8. Foreign Debt Flows and the Credit Market: A Principal Agent Approach
   Revista ESPE - Ensayos Sobre Política Económica, 2014, 32, (73), 87-103 View citations (1)
   Also in Revista ESPE - Ensayos sobre Política Económica, 2014, 32, (73), 87-103 (2014)

2013

9. Loan growth and bank risk: new evidence
   Financial Markets and Portfolio Management, 2013, 27, (4), 365-379 View citations (18)
   See also Working Paper Loans Growth and Banks´ Risk: New Evidence, Borradores de Economia (2013) View citations (8) (2013)

2012

10. The cyclical behavior of bank capital buffers in an emerging economy: Size does matter
    Economic Modelling, 2012, 29, (5), 1612-1617 View citations (30)
    See also Working Paper The Cyclical Behavior of Bank Capital Buffers in an Emerging Economy: Size Does Matter, Borradores de Economia (2011) (2011)

2011

11. Financial Conditions Index: Early and Leading Indicator for Colombia
    Revista ESPE - Ensayos sobre Política Económica, 2011, 29, (66), 174-220 View citations (5)
    Also in Revista ESPE - Ensayos Sobre Política Económica, 2011, 29, (66), 174-220 (2011) View citations (20)
    See also Working Paper Financial Conditions Index: Early and Leading Indicator for Colombia?, Temas de Estabilidad Financiera (2011) View citations (15) (2011)

2008

12. Los efectos de la tasa de interés de usura en Colombia
    Coyuntura Económica, 2008 View citations (1)
13. Volatilidad de la tasa de cambio nominal en Colombia y su relación con algunas variables
    Coyuntura Económica, 2008 View citations (1)
    See also Working Paper Volatilidad de la tasa de cambio nominal en Colombia y su relación con algunas variables, Borradores de Economia (2007) View citations (3) (2007)

2007

14. Determinantes del acceso al crédito de los hogares colombianos
    Revista ESPE - Ensayos Sobre Política Económica, 2007, 25, (55), 40-83 View citations (20)
    Also in Revista ESPE - Ensayos sobre Política Económica, 2007, 25, (55), 40-83 (2007) View citations (8)
    See also Working Paper DETERMINANTES DEL ACCESO AL CRÉDITO DE LOS HOGARES COLOMBIANOS, Borradores de Economia (2007) View citations (26) (2007)

2005

15. Crédito, represión financiera y flujos de capitales en Colombia: 1974-2003
    Revista Desarrollo y Sociedad, 2005 View citations (4)
    See also Working Paper Crédito, Represión Financiera y Flujos de Capitales en Colombia 1974-2003, Borradores de Economia (2005) View citations (14) (2005)

Chapters

2023

1. The monetary and macroprudential policy framework in Colombia in the last 30 years: lessons learnt and challenges for the future
   A chapter in Central banking in the Americas: Lessons from two decades, 2023, vol. 143, pp 87-112
   See also Working Paper The monetary and macroprudential policy framework in Colombia in the last 30 years: the lessons learnt and the challenges for the future, Banco de la Republica de Colombia (2023) (2023)

2020

2. How foreign participation in the Colombian local public debt market has influenced domestic financial conditions
   A chapter in Financial market development, monetary policy and financial stability in emerging market economies, 2020, vol. 113, pp 83-119 View citations (1)
   See also Journal Article How foreign participation in the Colombian local public debt market has influenced domestic financial conditions, Elsevier (2021) View citations (2) (2021)

2019

3. The impact of macroprudential policies and their interaction with monetary policy: an empirical analysis using credit registry data
   A chapter in Are post-crisis statistical initiatives completed?, 2019, vol. 49 View citations (12)
   See also Working Paper The impact of macroprudential policies and their interaction with monetary policy: an empirical analysis using credit registry data, Bank for International Settlements (2017) View citations (31) (2017)

2018

4. International trade networks and the integration of Colombia into global trade
   A chapter in Globalisation and deglobalisation, 2018, vol. 100, pp 105-123

2017

5. The macroprudential policy framework in Colombia
   A chapter in Macroprudential policy frameworks, implementation and relationships with other policies, 2017, vol. 94, pp 103-128 View citations (5)
   See also Working Paper The macroprudential policy framework in Colombia, Banco de la Republica de Colombia (2017) View citations (3) (2017)

2015

6. Evaluación macroprudencial de la importancia sistémica de las instituciones financieras en Colombia
   Chapter 19 in Política monetaria y estabilidad financiera en economías pequeñas y abiertas, 2015, pp 617-662
7. Flujos de deuda externa y el mercado de crédito: un enfoque de agente-principal
   Chapter 8 in Política monetaria y estabilidad financiera en economías pequeñas y abiertas, 2015, pp 235-276
8. Shadow banking y liquidez en Colombia
   Chapter 1 in Política monetaria y estabilidad financiera en economías pequeñas y abiertasPolítica monetaria y estabilidad financiera en economías pequeñas y abiertas, 2015, pp 1-37
   See also Working Paper Shadow Banking y Liquidez en Colombia, Banco de la Republica (2013) View citations (1) (2013)