A study on bank credit channel in Brazil: The approach of impulse response functions matching

A study on bank credit channel in Brazil: The approach of impulse response functions matching

This study addresses the issue of bank lending channel in Brazil, regarding its operability, and the identification of supply and demand for loans effects. To do so, we specify a stylized model that characterizes the behavior of credit supply of banks in an environment of uncertainty about future mone...

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Bibliographic Details
Main Authors: Jocildo Fernandes Bezerra, Ricardo Chaves Lima, Igor Ézio Maciel Silva
Format: Article
Language:Portuguese
Published: Universidade de São Paulo 2016-06-01
Series:Economia Aplicada
Subjects:
Credit Channel
VECM
Monetary Policy
Online Access:http://www.revistas.usp.br/ecoa/article/view/117015

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