The credit increased expressive and continuously throughout the Lula government, even after the 2008 crisis. This study … 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 …

behavior of credit by public banks; especially Caixa Econômica Federal and Banco do Brasil. While the growth of banking credit …

credit to expand their scale of operation. This paper assesses the aggregate impacts of the Cartão BNDES, a credit line … targeted at small and medium enterprises (SMEs) in Brazil, to investigate the role of credit constraints on SMEs performance …. We use a major expansion of credit supply within the line to estimate causal effects of credit supply on firm size …