{"id":76073,"date":"2018-03-09T23:21:23","date_gmt":"2018-03-09T23:21:23","guid":{"rendered":"https:\/\/www.deberes.net\/tesis\/sin-categoria\/a-theory-on-the-interbank-market-with-an-application-to-the-mexican-case\/"},"modified":"2018-03-09T23:21:23","modified_gmt":"2018-03-09T23:21:23","slug":"a-theory-on-the-interbank-market-with-an-application-to-the-mexican-case","status":"publish","type":"post","link":"https:\/\/www.deberes.net\/tesis\/ciencias-economicas\/a-theory-on-the-interbank-market-with-an-application-to-the-mexican-case\/","title":{"rendered":"A theory on the interbank market with an application to the mexican case"},"content":{"rendered":"<h2>Tesis doctoral de <strong> Fabrizio L\u00f3pez-gallo Dey <\/strong><\/h2>\n<p>Se presenta en tres cap\u00edtulos una teoria de la forma en que las instituciones bancarias forman relaciones de cr\u00e9dito con sus pares. Se explican las implicaciones de estas relaciones para la formaci\u00ed\u00b2n de precios en el mercado interbancario con un equilibrio de pareos, como resultado se obtene que no hay necesariamente un precio \u00fanico, si no que el que se acuerda entre partes. De esta forma los bancos deciden con quienes realizan transacciones y en esta decisi\u00f3n la informaci\u00f3n con la que cuentan es important\u00edsima. En el segundo cap\u00edtulo de la tesis se prueba hasta que punto las tasas acordadas reflejan el riesgo de la contraparte, medido \u00e9ste tanto con variables contables como con variables m\u00e1s sofisticadas. El resultado es que sin controlar por efectos fijos, aparentemente si hay un componente de riesgo de contraparte en la tasa, pero una vez que se controla por efectos fijos, el resultado var\u00eda: no se encuentra una relaci\u00ed\u00b2n entre el riesgo de la contraparte y el precio que se cobra, lo que importa es el nivel de relaciones que los bancos tienen con sus pares. El tercer cap\u00edtulo concluye la tesis haciendo un an\u00e1lisis del riesgo de contagio por exposiciones interbancarias. Se tienen los datos precisos para dicha medici\u00ed\u00b2n y se hace a lo largo de varios meses. Las conclusiones principales son dos: la probabilidad de enfrentar un problema sist\u00e9mico es peque\u00f1a y no existe estabilidad en las exposici\u00ed\u00b2nes de los bancos, es decir, los bancos cambian tanto la cantidad como la identidad de sus exposiciones. Esto implca que a\u00ed\u00b9n cuando existe la posibilidad de m\u00e1xima diversificaci\u00f3n, los bancos no la ejercen lo cual aumenta el riesgo de contagio.<\/p>\n<p>&nbsp;<\/p>\n<h3>Datos acad\u00e9micos de la tesis doctoral \u00ab<strong>A theory on the interbank market with an application to the mexican case<\/strong>\u00ab<\/h3>\n<ul>\n<li><strong>T\u00edtulo de la tesis:<\/strong>\u00a0 A theory on the interbank market with an application to the mexican case <\/li>\n<li><strong>Autor:<\/strong>\u00a0 Fabrizio L\u00f3pez-gallo Dey <\/li>\n<li><strong>Universidad:<\/strong>\u00a0 Pompeu fabra<\/li>\n<li><strong>Fecha de lectura de la tesis:<\/strong>\u00a0 29\/07\/2005<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3>Direcci\u00f3n y tribunal<\/h3>\n<ul>\n<li><strong>Director de la tesis<\/strong>\n<ul>\n<li>Xavier Freixas Dargall\u00f3<\/li>\n<\/ul>\n<\/li>\n<li><strong>Tribunal<\/strong>\n<ul>\n<li>Presidente del tribunal: philipp Hartman <\/li>\n<li>paolo Mistrulli (vocal)<\/li>\n<li>erlend Nier (vocal)<\/li>\n<li>Antonio Cabrales goitia (vocal)<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesis doctoral de Fabrizio L\u00f3pez-gallo Dey Se presenta en tres cap\u00edtulos una teoria de la forma en que las instituciones [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[82,18712,737],"tags":[51063,164229,164226,164228,164227,18574],"class_list":["post-76073","post","type-post","status-publish","format-standard","hentry","category-ciencias-economicas","category-pompeu-fabra","category-teoria-economica","tag-antonio-cabrales-goitia","tag-erlend-nier","tag-fabrizio-lopez-gallo-dey","tag-paolo-mistrulli","tag-philipp-hartman","tag-xavier-freixas-dargallo"],"_links":{"self":[{"href":"https:\/\/www.deberes.net\/tesis\/wp-json\/wp\/v2\/posts\/76073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.deberes.net\/tesis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.deberes.net\/tesis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.deberes.net\/tesis\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.deberes.net\/tesis\/wp-json\/wp\/v2\/comments?post=76073"}],"version-history":[{"count":0,"href":"https:\/\/www.deberes.net\/tesis\/wp-json\/wp\/v2\/posts\/76073\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.deberes.net\/tesis\/wp-json\/wp\/v2\/media?parent=76073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.deberes.net\/tesis\/wp-json\/wp\/v2\/categories?post=76073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.deberes.net\/tesis\/wp-json\/wp\/v2\/tags?post=76073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}