The aim of this piece is to analyse, based on the post-keynesian framework, the relationship between the centrality and dynamism of regions and the behaviour of some regional financial variables at Brazil from 1988 to 2000, which is a period of different levels of macroeconomic uncertainty. The...

This paper distinguishes how the source of lending affects gross domestic product (GDP) per capita in Brazilian municipalities between 2007 and 2016. A unique data set allows us to discriminate between the effects of lending operated by either private or public commercial banks, and loans...

Reverse mortgage is a financial instrument that allows elderly homeowners to enjoy an additional income until the end of their lives, when the property is taken by the financial institution that provided the benefit. Based on data from the continuous PNAD of 2019 and considering the property...

This study contributes to the understanding of the causality between different credit measures and indicators of economic activity in the State of São Paulo. Questions have been raised as to the prevailing Granger-causality for national economies, and a regional approach that has not yet been...

The aim of this piece is to identify the variables that explain the locational decision of a retail bank. The paper’s motivation is the acknowledgment of the necessity of to retake the discussion about the role of money, financial system and monetary policy on the development of regions, due...

Over the last two decades, almost all countries in the world have experienced a noticeable process of liberalization and deregulation. This process has both motivated and propelled changes in the very competitive dynamics of the banking industry. Therefore, various OECD countries have changed...

The bankruptcy of three big private banks (Econômico, Nacional and Bamerindus) in the beginning of the Plano Real has been attributed to the fast and intense growth of loan after the fall of inflation. The three banks balance sheet data, however, show a decrease in credit amount or a very small...

Este artigo aborda duas vertentes de política econômica orientadas ao desenvolvimento do sistema de mobilização de capitais, via crédito, no período da industrialização restringida: a modernização da regulação bancária e a configuração de um canal de oferta direta de crédito de...

Local money systems: an investigation towards its potentialities based on the study of the Banco Bem in Vitória, Brazil - The aim of this paper is to investigate towards a relatively unexplored area: the Local Money Systems (LMS), that are, in short, an agreement amongst the population of a...

Over the last ten years, Brazilian banking system has been resilient to shocks, and its credit concession has been low in volume and expensive. This situation motivated the analysis of the relation between a banking regulation instrument that targets systemic stability - capital requirement -...