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contribution to the spread of Keynesianism in Brazil. He has published a number of books and papers in academic journals ….Carolina Troncoso Baltar is Associate Professor at the Institute of Economics, University of Campinas, Brazil, and researcher at the …
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The Brazilian economy in 2015 was afflicted by a lethal combination of decelerating activity and accelerating inflation. Expectations for 2016 are equally or even more adverse, since the effects of rising unemployment emerge only after a lag. The domestic debate has pitted analysts who believe...
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banks can help mitigate financial shocks. This paper examines the role of Brazil's government banks in preventing a … recession during the 2008-2010 financial crisis. Government banks in Brazil provided more credit, which offset declines in … lending by private banks. Areas in Brazil with a high share of government banks experienced increases in lending, production …
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