English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

This article analyzes the credit given by merchants in Santafe de Bogota between 1760 and 1809. This required the preparation of interest rates and loans in both currency and Castilian effects, which permitted a long-term behavior analysis. It was found that the capital’s merchants made increasing amounts of loanable funds available for the colonial economy. Meanwhile, towards the end of the century, the evolution of interest rates points towards a reduction in the maximum rates, as well as a consequential relaxation of the credit supply. Furthermore it became apparent that the money market significantly reduced its transaction costs while swelling its capital turnover, thus creating an increased incentive for merchants to augment their currency loans, which in turn may have stimulated economic growth.

Tasas de interés y desempeño económico: el crédito comercial en Santafé de Bogotá, 1760-1810