Ana MarÃa Iregui; Milas, Costas; Otero, Jesus - In: Studies in Nonlinear Dynamics & Econometrics 6 (2007) 3, pp. 1093-1093
This paper studies the dynamics of lending and deposit rates in two emerging markets in Latin America: Colombia and Mexico. The dynamics of lending (deposit) interest rates are driven by the exogenous interbank interest rate and deviations from the long-run lending-interbank (deposit-interbank)...
