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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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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author Guerrero-Pino, Y.
author_facet Guerrero-Pino, Y.
author_sort Guerrero-Pino, Y.
collection DOAJ
description 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.
format Article
id doaj-art-9bfe8265999a40f787a9406a4205bd0c
institution Kabale University
issn 2254-2035
2254-2035
language English
publishDate 2016-05-01
publisher Universidad de Zaragoza, Cátedra de Solidaridad y Ciudadanía Global
record_format Article
series Revista Iberoamericana de Estudios de Desarrollo
spelling doaj-art-9bfe8265999a40f787a9406a4205bd0c2025-01-03T00:05:12ZengUniversidad de Zaragoza, Cátedra de Solidaridad y Ciudadanía GlobalRevista Iberoamericana de Estudios de Desarrollo2254-20352254-20352016-05-0151154180Desigualdad y deudas hipotecarias en ColombiaGuerrero-Pino, Y.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.http://ried.unizar.es/index.php/revista/article/viewFile/177/84economic inequalitymortgage debtasset interest ratesprice of low status housing
spellingShingle Guerrero-Pino, Y.
Desigualdad y deudas hipotecarias en Colombia
Revista Iberoamericana de Estudios de Desarrollo
economic inequality
mortgage debt
asset interest rates
price of low status housing
title Desigualdad y deudas hipotecarias en Colombia
title_full Desigualdad y deudas hipotecarias en Colombia
title_fullStr Desigualdad y deudas hipotecarias en Colombia
title_full_unstemmed Desigualdad y deudas hipotecarias en Colombia
title_short Desigualdad y deudas hipotecarias en Colombia
title_sort desigualdad y deudas hipotecarias en colombia
topic economic inequality
mortgage debt
asset interest rates
price of low status housing
url http://ried.unizar.es/index.php/revista/article/viewFile/177/84
work_keys_str_mv AT guerreropinoy desigualdadydeudashipotecariasencolombia