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competition between a bank and a microfinance institution (MFI), geographical distance and transportation costs alone are no … client play determinant roles in dividing the credit market between a bank and an MFI. …
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The aim of this paper is analyzing the evolution of the Brazilian credit market from 2003 to 2011 and its impact on inequality in Brazil. The arguments are organized as follows. After an introductory section, the second one presents the determinants and the general trends of the banking credit...
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