Credit Markets in Brazil: The Role of Judicial Enforcement and Other Institutions

Armando Castelar Pinneiro and Celia Costa Cabral ()

No 3066, RES Working Papers from Inter-American Development Bank, Research Department

Abstract: Although much progress has been made in understanding the importance of institutional failure in explaining creditors` unwillingness to finance firms and individuals, the pertinent empirical literature still has an important shortcoming: it does not separate out the effects of legal protection, accounting standards and judicial enforcement. This paper tries to overcome this gap by analyzing the discrete effect of the quality of judicial enforcement on the performance of credit markets.

Date: 1999-06
View list of references View citations in EconPapers

Downloads: (external link)
http://www.iadb.org/res/includes/pub_hits.cfm?pub_ ... le_name=pubR-368.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:idb:wpaper:3066

Access Statistics for this paper

More papers in RES Working Papers from Inter-American Development Bank, Research Department
Contact information at EDIRC.
Series data maintained by Luis Daniel Martinez ().