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CICLO ECONÓMICO Y MORA LEGAL EN EL SISTEMA FINANCIERO COSTARRICENSE

Revista de Ciencias Económicas

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Title CICLO ECONÓMICO Y MORA LEGAL EN EL SISTEMA FINANCIERO COSTARRICENSE
CICLO ECONÓMICO Y MORA LEGAL EN EL SISTEMA FINANCIERO COSTARRICENSE
 
Creator Chacón, Marlon Yong
Soto Jiménez, Max Alberto
 
Subject CICLO ECONÓMICO
TASA DE INTERÉS
MORA LEGAL
ELASTICIDADES
ECONOMIC CICLE
NON- PERFORMING LOANS
INTEREST RATES
ELASTICITIES
 
Description Este artículo analiza el comportamiento de la mora del sistema financiero costarricense durante el periodo 1999-2010, en particular, de los bancos estatales y privados en el periodo reciente de la crisis económica internacional. Para hacerlo, se utilizan modelos económicos para investigar las relaciones de causalidad entre la mora, el ciclo económico real y el financiero. Se concluye que la calidad de la cartera de crédito del sector financiero de Costa Rica se relaciona con el nivel de actividad económica y con el ciclo real y financiero y que, aun cuando el efecto de la reciente crisis fue similar en bancos estatales y privados, estos últimos adoptan más rápido medidas que reducen la mora contable.
This article analizes the behaviour of non-performing loans in the financial system of Costa Rica from 1999 to 2010, in particular in state and private banks during the recent international crisis. Economic models are used to test for causality relationships between non-performing loans, the economic cycle and the financial cycle. It is concluded that the quality of credit assets in the financial sector of Costa Rica is affected by both the economic and the financial cycles. Furthermore, even though the effects of the recent financial crisis was similar on state and private banks, the latter adopt measures that reduce  accounting non-performing loans faster than their state owned counterpart.
 
Publisher Universidad de Costa Rica
 
Date 2013-12-06
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier http://revistas.ucr.ac.cr/index.php/economicas/article/view/12695
 
Source Revista de Ciencias Económicas; Ciencias Económicas: Volumen 31, Número 2; 53-74
Revista de Ciencias Económicas; Ciencias Económicas: Volumen 31, Número 2; 53-74
2215-3489
0252-9521
 
Language spa
 
Relation http://revistas.ucr.ac.cr/index.php/economicas/article/view/12695/11984
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