Arbeitspapier

A evolução do crédito no Brasil entre 2003 e 2010

The credit increased expressive and continuously throughout the Lula government, even after the 2008 crisis. This study aims to analyze this process and its determinants. We identify two different periods. We concluded that changes in legislation as well as financial innovations, in a favorable macroeconomic context, affected credit and contributed to explain the increase of supply of credit with free resources between 2004 and 2008. In 2009 and 2010 deliberate government decision to increase credit with targeted resources and free resources in order to sustain the supply of credit (or, at least mitigate its fall) allowed to understand the behavior of credit after the outbreak of financial crisis in 2008.

Language
Portugiesisch

Bibliographic citation
Series: Texto para Discussão ; No. 2022

Classification
Wirtschaft
Financial Markets and the Macroeconomy
Money Supply; Credit; Money Multipliers
Subject
credit
Brazilian economy

Event
Geistige Schöpfung
(who)
e Silva, Mônica Mora de Araujo de Couto
Event
Veröffentlichung
(who)
Instituto de Pesquisa Econômica Aplicada (IPEA)
(where)
Brasília
(when)
2014

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • e Silva, Mônica Mora de Araujo de Couto
  • Instituto de Pesquisa Econômica Aplicada (IPEA)

Time of origin

  • 2014

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