IDEAS home Printed from https://ideas.repec.org/a/blv/journl/v39y2023i1p38-79.html
   My bibliography  Save this article

Relación entre la liquidez del sistema financiero y el mercado monetario en Bolivia

Author

Listed:
  • Juan Pablo Rowert Mariscal

    (Banco Central de Bolivia)

Abstract

La política monetaria en Bolivia se caracteriza por presentar una estructura no convencional con metas cuantitativas, entre ellas, la meta operativa de liquidez del sistema financiero la misma que se encuentra altamente concentrada y, en cada gestión, oscila según diversos factores estacionales y de política económica. El objetivo del Banco Central de Bolivia (BCB) es mantener la liquidez estable y en niveles “adecuados” para no generar desequilibrios macroeconómicos y estrés financiero. En este sentido, con el fin de profundizar sobre la transmisión de la política monetaria, se propone establecer una relación entre la liquidez y el mercado monetario y analizar los canales de transmisión dada la heterogeneidad del sistema financiero. Lo anterior permitirá a los hacedores de política, conocer de manera anticipada las consecuencias de los actuales niveles de liquidez y de cualquier acción ejecutada.

Suggested Citation

  • Juan Pablo Rowert Mariscal, 2023. "Relación entre la liquidez del sistema financiero y el mercado monetario en Bolivia," Revista de Análisis del BCB, Banco Central de Bolivia, vol. 39(2), pages 38-79, July - De.
  • Handle: RePEc:blv:journl:v:39:y:2023:i:1:p:38-79
    as

    Download full text from publisher

    File URL: https://www.bcb.gob.bo/webdocs/publicacionesbcb/revista_analisis/ra_vol39/articulo_2_v39.pdf
    Download Restriction: no

    File URL: https://www.bcb.gob.bo/?q=pub_revista-analisis
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Meta operativa; liquidez; política monetaria; mercado monetario;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:blv:journl:v:39:y:2023:i:1:p:38-79. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jose Antonio Caballero Pelaez (email available below). General contact details of provider: https://edirc.repec.org/data/bcbgvbo.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.