Blum, Denis; Nakane, Márcio I. - Associação dos Centros de Pós-Graduação em … - 2005
Over the last ten years, Brazilian banking system has been resilient to shocks, and its credit concession has been low … that targets systemic stability - capital requirement - and the credit supply of Brazilian banks. A model was elaborated …, with its central hypothesis being the incidence, in credit operations, of "regulation costs", negatively related to the …