Banks, domestic debt, and crises: The recent Brazilian experience*

ABSTRACT This paper examines the recent evolution of the Brazilian public domestic debt and interprets it in light of the confidence crisis literature. The analysis of the recent developments in the Brazilian public domestic debt market shows that the likelihood of a default must not be assessed onl...

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Bibliographic Details
Main Authors: AFONSO S. BEVILAQUA, MÁRCIO G. P. GARCIA
Format: Article
Language:English
Published: Editora 34 2020-09-01
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572002000400651&tlng=en