IDEAS home Printed from https://ideas.repec.org/a/imx/journl/v8y2013i2p181-203.html
   My bibliography  Save this article

La Regulación del Sistema Financiero: Un Modelo de Crecimiento

Author

Listed:
  • Salvador Rivas Aceves

    (Departamento de Economía, Universidad Autónoma Metropolitana-Azcapotzalco)

Abstract

En este trabajo se identifican los efectos que tiene el sistema financiero sobre la tasa de crecimiento de una economía. Para ello en un modelo de crecimiento endógeno estocástico se introducen dos tipos de sistemas financieros, uno eficiente y otro ineficiente, se analizan los efectos de ambos sobre el crecimiento y se encuentra que la ineficiencia financiera genera impactos negativos en el crecimiento. La regulación financiera vía un impuesto al rendimiento del capital corrige lo anterior y se encuentran las condiciones necesarias para crecer bajo este escenario. Se determina un recorrido óptimo para el impuesto y mediante simulación Monte Carlo se muestra que la regulación en efecto corrige las distorsiones generadas por ineficiencia financiera.

Suggested Citation

  • Salvador Rivas Aceves, 2013. "La Regulación del Sistema Financiero: Un Modelo de Crecimiento," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 8(2), pages 181-203, Julio-Dic.
    • Handle: RePEc:imx:journl:v:8:y:2013:i:2:p:181-203
    as

    Download full text from publisher

    File URL: http://www.remef.org.mx/index.php/remef/article/view/47/81
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Mercado Financiero; Regulación; Eficiencia del Mercado de Capitales; Crecimiento Económico; Equilibrio Macroeconómico;
    All these keywords.

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy

    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:imx:journl:v:8:y:2013:i:2:p:181-203. 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: Ricardo Mendoza (email available below). General contact details of provider: https://www.remef.org.mx/index.php/remef/index .

    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.