Identifying the bank lending channel in Brazil through data frequency

dc.contributor.authorCoelho, Christiano A.
dc.contributor.authorJOÃO MANOEL PINHO DE MELLO
dc.contributor.authorGarcia, Márcio G. P.
dc.coverage.paisNão Informadopt_BR
dc.creatorCoelho, Christiano A.
dc.creatorGarcia, Márcio G. P.
dc.date.accessioned2022-10-27T00:56:16Z
dc.date.available2022-10-27T00:56:16Z
dc.date.issued2010
dc.description.otherUsing the different response timings of credit demand and supply, we isolate supply shifts after monetary policy shocks. We show that the bank lending channel exists in Brazil: after na increase (decrease) in the basic interest rate (Selic), banks reduce (increase) the quantity of new loans and raise (lower) interest rates. However, contrary to the empirical literature for the US, we find evidence that large banks react more than smaller ones to monetary policy shocks. Results may have important implications for monetary policy transmission in light of the recent wave of concentration in the Brazilian banking industry.pt_BR
dc.format.extent38 p.pt_BR
dc.format.mediumDigitalpt_BR
dc.identifier.urihttps://repositorio.insper.edu.br/handle/11224/4514
dc.language.isoInglêspt_BR
dc.rights.licenseO INSPER E ESTE REPOSITÓRIO NÃO DETÊM OS DIREITOS DE USO E REPRODUÇÃO DOS CONTEÚDOS AQUI REGISTRADOS. É RESPONSABILIDADE DOS USUÁRIOS INDIVIDUAIS VERIFICAR OS USOS PERMITIDOS NA FONTE ORIGINAL, RESPEITANDO-SE OS DIREITOS DE AUTOR OU EDITORpt_BR
dc.subject.keywordsMonetary policy transmissionpt_BR
dc.subject.keywordsCredit marketspt_BR
dc.subject.keywordsBank lending channelpt_BR
dc.titleIdentifying the bank lending channel in Brazil through data frequencypt_BR
dc.typeworking paper
dspace.entity.typePublication
local.subject.cnpqCiências Sociais Aplicadaspt_BR
local.typeWorking Paperpt_BR
relation.isAuthorOfPublication6e3d1f3d-a3fc-4951-8adc-af602f1343d2
relation.isAuthorOfPublication.latestForDiscovery6e3d1f3d-a3fc-4951-8adc-af602f1343d2

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