Inflation and Financial Development: Evidence from Brazil

Manoel Bittencourt ()

No RP2008-14, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the period between 1985 and 2002. The results - based initially on time-series and then on panel time-series data and analysis, and robust for different estimators and financial development measures - suggest that inflation presented deleterious effects on financial development at the time.

Keywords: Economic development; Equality and inequality; Financial institutions; Inflation (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-dev, nep-mac and nep-mon
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Citations: View citations in EconPapers (6)

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Related works:
Journal Article: Inflation and financial development: Evidence from Brazil (2011)
Journal Article: Inflation and financial development: Evidence from Brazil (2011)
Working Paper: Inflation and Financial Development: Evidence from Brazil (2007)
Working Paper: Inflation and Financial Development: Evidence from Brazil (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:rp2008-14

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