Determinantes do Requerimento de Colateral em Empréstimos Empresariais

Jaimilton Carvalho, Jose Angelo Divino and Jaime Orrillo ()

Revista Brasileira de Economia - RBE, 2014, vol. 68, issue 1

Abstract: The goal of this paper is to evaluate the determinants of collateral requirement by the lender in the formal entrepreneurial sector of the Brazilian economy in the short-run horizon. The results indicate that the probability of using collateral is higher among borrowers with lower credit quality and borrowers who fulfill past financial promises. In addition, higher competition and rivalry in the credit market increase the probability of collateral utilization in short-run loans. Such evidence corroborates recent findings of the literature in the sense that the determinants of collateral requirement in financial loans might be distinct among different credit markets.

Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://periodicos.fgv.br/rbe/article/view/4009 (text/html)

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: https://EconPapers.repec.org/RePEc:fgv:epgrbe:v:68:y:2014:i:1:a:4009

Access Statistics for this article

Revista Brasileira de Economia - RBE is currently edited by Ricardo Cavalcanti

More articles in Revista Brasileira de Economia - RBE from EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil) Contact information at EDIRC.
Bibliographic data for series maintained by Núcleo de Computação da FGV EPGE ().