Bankruptcy and loans in Puerto Rico: an exploratory overview of their relationship

Puerto Rico has been going through a period of economic downturn since 2006, beginning a little before the global economic recession -- This paper examines the behavior of loans granted by the commercial banking sector and their relationship with the number of business bankruptcies filed in Puerto R...

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Autores:
Álvarez, Marta
Tipo de recurso:
Fecha de publicación:
2013
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
spa
OAI Identifier:
oai:repository.eafit.edu.co:10784/7835
Acceso en línea:
http://hdl.handle.net/10784/7835
Palabra clave:
G21
G01
G33
E51
N36
Puerto Rico - aspectos económicos
QUIEBRA
PRÉSTAMOS
Bankruptcy
Loans
Rights
License
Acceso abierto
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spelling 2013-06-302015-11-30T20:39:45Z2013-06-302015-11-30T20:39:45Z1657-4206http://hdl.handle.net/10784/7835Puerto Rico has been going through a period of economic downturn since 2006, beginning a little before the global economic recession -- This paper examines the behavior of loans granted by the commercial banking sector and their relationship with the number of business bankruptcies filed in Puerto Rico between 1999 and 2011 -- Findings draw attention to the fact that from 2006, there has been a steady decline in the number of personal, commercial and mortgage loans approved by the commercial banking sector, as well as in their value -- An increase in the filing of bankruptcy is also observed -- The number of loans approved by banks in Puerto Rico show a strong correlation with the economic activity index (EAI) and other economic indicators that help to explain the island’s employment situation (total employment, labor force participation rate and unemployment rate)Puerto Rico vive un periodo de contracción económica desde el año 2006, iniciando así un poco antes de la contracción económica mundial -- Este estudio examina el comporta¬miento de los préstamos otorgados por la banca comercial y la relación de los mismos con el número de quiebras radicadas en Puerto Rico durante el periodo 1999-2011 -- Los resultados encontrados destacan que, a partir de 2006, hay una disminución consistente tanto en el número de préstamos aprobados —personales, comerciales e hipotecarios— por parte de la banca comercial, como en el monto de estos -- A su vez, se observa un aumento en la radicación de quiebras -- El número de préstamos aprobados por los bancos en Puerto Rico demuestran estar fuertemente correlacionados con el índice de actividad económica (IAE) y a los indicadores económicos que miden de alguna manera la situación del empleo en la isla (empleo total, tasa de participación laboral y tasa de desempleo)application/pdftext/htmlspaUniversidad EAFITEcos de Economía: A Latin American Journal of Applied Economics; Vol 17, No 36 (2013); 127-146http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/2161http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/2161instname:Universidad EAFITreponame:Repositorio Institucional Universidad EAFITEcos de Economía: A Latin American Journal of Applied Economics; Vol 17, No 36 (2013); 127-146G21G01G33E51N36Puerto Rico - aspectos económicosQUIEBRAPRÉSTAMOSBankruptcyLoansBankruptcy and loans in Puerto Rico: an exploratory overview of their relationshipinfo:eu-repo/semantics/articlearticleArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1Acceso abiertohttp://purl.org/coar/access_right/c_abf2Álvarez, Martad4ffa4eb-4582-4e4e-a3d4-836425fc8f50-1Facultad de Administración de Empresas de la Universidad de Puerto Rico.Ecos de Economía: A Latin American Journal of Applied Economics1736127146ecos.econ.THUMBNAILminaitura-ecos_Mesa de trabajo 1.jpgminaitura-ecos_Mesa de trabajo 1.jpgimage/jpeg251248https://repository.eafit.edu.co/bitstreams/a40de1fb-3997-439b-b977-4456ef016dcb/download9b15d674b076c1793a0bc25cebb1bcefMD52ORIGINALdocument - 2020-03-09T212743.798.pdfdocument - 2020-03-09T212743.798.pdfTexto completo PDFapplication/pdf496197https://repository.eafit.edu.co/bitstreams/128dca3a-43b8-469a-8f98-ca8231674d5e/downloadca98e14f591430fea18214472bb9f759MD51articulo.htmlarticulo.htmlTexto completo HTMLtext/html377https://repository.eafit.edu.co/bitstreams/6bffe2c7-3339-47c0-9c0b-be57e50763da/download80f5f0ce9c68cda539360ff20603d892MD5310784/7835oai:repository.eafit.edu.co:10784/78352024-12-04 11:48:06.605open.accesshttps://repository.eafit.edu.coRepositorio Institucional Universidad EAFITrepositorio@eafit.edu.co
dc.title.none.fl_str_mv Bankruptcy and loans in Puerto Rico: an exploratory overview of their relationship
title Bankruptcy and loans in Puerto Rico: an exploratory overview of their relationship
spellingShingle Bankruptcy and loans in Puerto Rico: an exploratory overview of their relationship
G21
G01
G33
E51
N36
Puerto Rico - aspectos económicos
QUIEBRA
PRÉSTAMOS
Bankruptcy
Loans
title_short Bankruptcy and loans in Puerto Rico: an exploratory overview of their relationship
title_full Bankruptcy and loans in Puerto Rico: an exploratory overview of their relationship
title_fullStr Bankruptcy and loans in Puerto Rico: an exploratory overview of their relationship
title_full_unstemmed Bankruptcy and loans in Puerto Rico: an exploratory overview of their relationship
title_sort Bankruptcy and loans in Puerto Rico: an exploratory overview of their relationship
dc.creator.fl_str_mv Álvarez, Marta
dc.contributor.author.spa.fl_str_mv Álvarez, Marta
dc.contributor.affiliation.spa.fl_str_mv Facultad de Administración de Empresas de la Universidad de Puerto Rico.
dc.subject.none.fl_str_mv G21
G01
G33
E51
N36
Puerto Rico - aspectos económicos
topic G21
G01
G33
E51
N36
Puerto Rico - aspectos económicos
QUIEBRA
PRÉSTAMOS
Bankruptcy
Loans
dc.subject.lemb.none.fl_str_mv QUIEBRA
PRÉSTAMOS
dc.subject.keyword.none.fl_str_mv Bankruptcy
Loans
description Puerto Rico has been going through a period of economic downturn since 2006, beginning a little before the global economic recession -- This paper examines the behavior of loans granted by the commercial banking sector and their relationship with the number of business bankruptcies filed in Puerto Rico between 1999 and 2011 -- Findings draw attention to the fact that from 2006, there has been a steady decline in the number of personal, commercial and mortgage loans approved by the commercial banking sector, as well as in their value -- An increase in the filing of bankruptcy is also observed -- The number of loans approved by banks in Puerto Rico show a strong correlation with the economic activity index (EAI) and other economic indicators that help to explain the island’s employment situation (total employment, labor force participation rate and unemployment rate)
publishDate 2013
dc.date.issued.none.fl_str_mv 2013-06-30
dc.date.available.none.fl_str_mv 2015-11-30T20:39:45Z
dc.date.accessioned.none.fl_str_mv 2015-11-30T20:39:45Z
dc.date.none.fl_str_mv 2013-06-30
dc.type.eng.fl_str_mv info:eu-repo/semantics/article
article
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http://purl.org/coar/resource_type/c_2df8fbb1
dc.type.local.spa.fl_str_mv Artículo
dc.identifier.issn.none.fl_str_mv 1657-4206
dc.identifier.uri.none.fl_str_mv http://hdl.handle.net/10784/7835
identifier_str_mv 1657-4206
url http://hdl.handle.net/10784/7835
dc.language.iso.spa.fl_str_mv spa
language spa
dc.relation.ispartof.eng.fl_str_mv Ecos de Economía: A Latin American Journal of Applied Economics; Vol 17, No 36 (2013); 127-146
dc.relation.isversionof.none.fl_str_mv http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/2161
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dc.rights.local.spa.fl_str_mv Acceso abierto
rights_invalid_str_mv Acceso abierto
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dc.format.none.fl_str_mv application/pdf
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dc.publisher.spa.fl_str_mv Universidad EAFIT
dc.source.none.fl_str_mv instname:Universidad EAFIT
reponame:Repositorio Institucional Universidad EAFIT
dc.source.eng.fl_str_mv Ecos de Economía: A Latin American Journal of Applied Economics; Vol 17, No 36 (2013); 127-146
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