Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/121581
Authors: 
e Silva, Mônica Mora de Araujo de Couto
Year of Publication: 
2014
Series/Report no.: 
Texto para Discussão, Instituto de Pesquisa Econômica Aplicada (IPEA) 2022
Abstract (Translated): 
The credit increased expressive and continuously throughout the Lula government, even after the 2008 crisis. This study aims to analyze this process and its determinants. We identify two different periods. We concluded that changes in legislation as well as financial innovations, in a favorable macroeconomic context, affected credit and contributed to explain the increase of supply of credit with free resources between 2004 and 2008. In 2009 and 2010 deliberate government decision to increase credit with targeted resources and free resources in order to sustain the supply of credit (or, at least mitigate its fall) allowed to understand the behavior of credit after the outbreak of financial crisis in 2008.
Subjects: 
credit
Brazilian economy
JEL: 
E44
E51
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.