Testing the law of one price in retail banking: An analysis for Colombia using a pair-wise approach

Ana María Iregui, Jesús Otero

Resultado de la investigación: Contribución a RevistaArtículo

4 Citas (Scopus)

Resumen

We apply a pair-wise approach to test the law of one price for deposit (lending) rates in Colombia. We find that when banks are of different sizes, deposit rates adjust quickly, suggesting a competitive environment. By contrast, lending rates adjust rapidly when banks are of similar sizes, supporting market segmentation. © 2012 Elsevier B.V.
Idioma originalEnglish (US)
Páginas (desde-hasta)29-32
Número de páginas4
PublicaciónEconomics Letters
DOI
EstadoPublished - ene 1 2013

Huella dactilar

Law of one price
Retail banking
Lending
Colombia
Testing
Competitive environment
Deposits
Market segmentation
Deposit rate

Citar esto

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Testing the law of one price in retail banking: An analysis for Colombia using a pair-wise approach. / Iregui, Ana María; Otero, Jesús.

En: Economics Letters, 01.01.2013, p. 29-32.

Resultado de la investigación: Contribución a RevistaArtículo

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