Economics at your fingertips  

Estrutura do setor bancário e o ciclo recente de expansão do crédito: o papel dos bancos públicos federais [Structure of the banking sector and the recent cycle of credit expansion: The role of federal public banks]

Luiz Fernando de Paula, José Luís Oreiro () and Flavio A. C. Basilio
Additional contact information
Luiz Fernando de Paula: FCE/UERJ
Flavio A. C. Basilio: UnB

Nova Economia, 2013, vol. 23, issue 3, 473-520

Abstract: This paper aims at analyzing the development of the Brazilian banking sector and the recent credit cycle in Brazil, focusing on the role and performance of state-owned- banks, particularly the large federal banks, BNDES, Banco do Brasil and the CEF. This paper stresses mainly the contra-cyclical role of such banks in the credit market in Brazil, as well as their crucial role in the development of long-term financing in the Brazilian economy (investment financing , rural credit and real estate credit). The emphasis of the study is on the post-Real and the recent credit boom, i.e. during the 2003-2009 period.

Keywords: financial intermediation; stateowned banks; brazilian economy (search for similar items in EconPapers)
JEL-codes: E44 G21 H21 (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) ... g=pt&nrm=iso&tlng=pt (application/pdf) ... g=pt&nrm=iso&tlng=pt (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:

Ordering information: This journal article can be ordered from
Av. Antonio Carlos, 6627 - Predio da FACE Belo Horizonte, 31270-901 Brazil
https://revistas.fac ... dex.php/novaeconomia

Access Statistics for this article

Nova Economia is currently edited by Gustavo de Britto Rocha

More articles in Nova Economia from Economics Department, Universidade Federal de Minas Gerais (Brazil) Av. Antonio Carlos, 6627 - Predio da FACE Belo Horizonte, 31270-901 Brazil. Contact information at EDIRC.
Bibliographic data for series maintained by Lucas Resende de Carvalho ().

Page updated 2022-09-21
Handle: RePEc:nov:artigo:v:23:y:2013:i:3:p:473-520