The purpose of the paper was to study if the dynamics of the Brazilian cattle stocks can be better explained by systemic endogenous factors or either by exogenous changes on beef demand. The conclusion, as proposed by the theory of the cattle cycle, was that systemic factors related to the...

This study aims to show that during the cycle of credit expansion occurred in the Brazilian economy between 2003 and 2010, public banks had acted with a degree of liquidity preference higher than that of private banks until the international financial crisis. The need to achieve economic and...