THE CICLICAL BEHAVIOR OF EXTERNAL INDEBTEDNESS: THE CASE OF FOREIGN AND DOMESTIC BANKS IN COLOMBIA

Daniel Osorio-Rodriguez () and Mauricio Avella Gómez ()

No 3571, Borradores de Economia from Banco de la Republica

Abstract: In this paper we try to elucidate the relationship between foreign and domestic banks external indebtedness and the business cycle in Colombia. After a brief review of related literature, we characterize the historical behavior of banking external indebtedness in Colombia, and perform statistical and econometric calculations on the aforementioned relationship.

Keywords: banking external indebtedness (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Pages: 18
Date: 2005-06-30
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http://www.banrep.gov.co/docum/ftp/borra345.pdf

Related works:
Working Paper: The Cyclical Behavior of External Indebtedness: The Case of Foreign and Domestic Banks in Colombia (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:col:000094:003571

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