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over the amount of bankruptcies and judicial reorganizations, and the firms' access to credit. Making use of econometric … a significant way as well as the requirement of judicial reorganizations. Finally, using sectorial aggregated credit … data, we find an expansion of the credit market, mainly to commercial, rural and services sectors. Additionally we did not …
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This paper aims to examine the evolution of currency risk exposure of Brazilian corporations, especially exporting companies, from the 2008 crisis, when several companies suffered substantial losses due to the decline of the real. We analyze their financial based on the usage of derivatives, as...
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