Desigualdad y deudas hipotecarias en Colombia

This article examines the impact of internal variables of the financial system (FS) regarding the economic inequality in Colombia during the 1993 through the 2010 period. It begins with the integration of two perspectives about the inequality induced by financial debts and the social responsibility...

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Bibliographic Details
Main Author: Guerrero-Pino, Y.
Format: Article
Language:English
Published: Universidad de Zaragoza, Cátedra de Solidaridad y Ciudadanía Global 2016-05-01
Series:Revista Iberoamericana de Estudios de Desarrollo
Subjects:
Online Access:http://ried.unizar.es/index.php/revista/article/viewFile/177/84
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Summary:This article examines the impact of internal variables of the financial system (FS) regarding the economic inequality in Colombia during the 1993 through the 2010 period. It begins with the integration of two perspectives about the inequality induced by financial debts and the social responsibility of the FS. This investigation was done with an auto-regressive and distributed backwardness model, and a Granger Test. The results indicate that the economic inequality grows if the mortgage debt, the real estate dations as payment of debts, and the banking asset interest rates grow. Likewise, if the price of low status housing decreases, the economic inequality increases.
ISSN:2254-2035
2254-2035