bachelorThesis
Determinantes de la cartera del sector financiero en Colombia: un análisis basado en un modelo de corrección de errores vectorial
Autor
Heredia Moreno, Dayana Alexandra
Institución
Resumen
In this paper we analyzes the impact on the gross loan portfolio of the Colombian
nancial sector to a shock on macroeconomic variables or otherwise. First, we estimated
a vector error correction (VECM) model. The results show that there is a causality and
long-term relationbetween real net portfolio nancial sector, Gross Domestic Product, Real
DTF and Real Exchange Rate Index. Finally, we concluded that the impulse responses of
these variables are consistent with economic theory and stylized facts.