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Análisis teórico de las modificaciones a la regulación de comisiones interbancarias en cajeros automáticos en México

Author

Listed:
  • Pedro I. González Ramírez

    (Universidad Autónoma de San Luis Potosí)

  • Leobardo Plata Pérez

    (Universidad Autónoma de San Luis Potosí)

Abstract

We analize the regulation established by the Banco de México in 2010 to commissions by interbank transactions at ATMs. Under a space model with a duopoly, we endogenize ATM deployment, account fees and ATM fees. We show that the commissions by interbank transactions remain unchanged. The regulation increase ATM deployment and hence banks’ profits decrease. We found that the regulation increases the price by opening an account as result of banning fees in transactions to own users on own ATMs. Under a scenario of alternative regulation we show that the element of the regulation that switch the equilibrium was banning fees in transactions to own users.

Suggested Citation

  • Pedro I. González Ramírez & Leobardo Plata Pérez, 2015. "Análisis teórico de las modificaciones a la regulación de comisiones interbancarias en cajeros automáticos en México," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 30(1), pages 141-178.
    • Handle: RePEc:emx:esteco:v:30:y:2015:i:1:p:141-178
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    References listed on IDEAS

    as
    1. Jocelyn Donze & Isabelle Dubec, 2009. "Paying For Atm Usage: Good For Consumers, Bad For Banks?," Journal of Industrial Economics, Wiley Blackwell, vol. 57(3), pages 583-612, September.
    2. Matutes, Carmen & Padilla, A. Jorge, 1994. "Shared ATM networks and banking competition," European Economic Review, Elsevier, vol. 38(5), pages 1113-1138, May.
    3. Donze, Jocelyn & Dubec, Isabelle, 2006. "The role of interchange fees in ATM networks," International Journal of Industrial Organization, Elsevier, vol. 24(1), pages 29-43, January.
    4. Ioana Chioveanu & Ramon Fauli‐Oller & Joel Sandonis & Juana Santamaria, 2009. "Atm Surcharges: Effects On Deployment And Welfare," Journal of Industrial Economics, Wiley Blackwell, vol. 57(3), pages 613-635, September.
    5. Nadia Massoud & Dan Bernhardt, 2002. ""Rip-Off" ATM Surcharges," RAND Journal of Economics, The RAND Corporation, vol. 33(1), pages 96-115, Spring.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    ATM machines; ATM fees; regulations;
    All these keywords.

    JEL classification:

    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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