dc.creatorGarcia-Suaza, Andres 
dc.creatorGómez-González, José E. 
dc.creatorMurcia-Pabón, Andrés 
dc.creatorTenjo-Galarza, Fernando 
dc.date.accessioned2015-10-06T12:59:05Z
dc.date.available2015-10-06T12:59:05Z
dc.date.created2011
dc.date.issued2011
dc.identifier.urihttp://repository.urosario.edu.co/handle/10336/10973
dc.descriptionUsing a panel of Colombian banks and quarterly data between 1996:1 and 2010:3, we study the relationship between short-run adjustemnts in bank capital buffers and the business cycle. We follow a partial adjustment framework and control for several variables that have been identified as important determinants of bank capital buffers in previous studies, and find that bank capital buffers vary over the business cycle. We are able to identify a negative co-movement of capital buffers and and the business cycle. However, we also find that capital buffers of small and large banks behave asymmetrically during the business cycle. While the former appear to be constant over time, once the appropriate set of control variables is used, the latter present a countercyclical behavior. Our results suggest the possible need of the implementation of regulatory policy measures in developing countries
dc.format.extent16 páginas
dc.format.mediumRecurso electrónico
dc.format.mimetypeapplication/pdf
dc.language.isospa
dc.relation.ispartofSerie documentos de trabajo. No 96 (Abril 2011)
dc.relation.urihttps://ideas.repec.org/p/col/000092/008275.html
dc.sourceinstname:Universidad del Rosario
dc.sourcereponame:Repositorio Institucional EdocUR
dc.sourceinstname:Universidad del Rosario
dc.subject.ddc332.6
dc.subject.lembEconomía
dc.subject.lembAnálisis de inversiones
dc.subject.lembBancos comerciales
dc.subject.lembCiclos económicos
dc.subject.lembCapital de riesgo
dc.titleThe cyclical behavior of bank capital buffers in an emerging economy: size do matters
dc.typebook
dc.publisherUniversidad del Rosario
dc.publisher.departmentFacultad de Economía
dc.subject.keywordBank capital buffers
dc.subject.keywordCredit risk
dc.subject.keywordRegulation
dc.subject.keywordColombia
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.type.spaDocumento de trabajo
dc.rights.accesoAbierto (Texto completo)
dc.type.hasVersioninfo:eu-repo/semantics/acceptedVersion
dc.format.tipoDocumentos
dc.rights.ccAtribución-NoComercial-SinDerivadas 2.5 Colombia


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