Montes, Gabriel Caldas; Monteiro, Gabriel Gonçalves do Vale - In: Journal of Economic Studies 41 (2014) 6, pp. 881-906
supply of credit as well as the influence of such policies on the aggregate investment through the credit channel in Brazil … through the bank lending channel. With regards to elasticities, the findings indicate that the credit is very sensitive to … variations in economic activity and, in turn, prudential regulation presents a stronger influence on credit than the basic …