The credit increased expressive and continuously throughout the Lula government, even after the 2008 crisis. This study … legislation as well as financial innovations, in a favorable macroeconomic context, affected credit and contributed to explain the … increase of supply of credit with free resources between 2004 and 2008. In 2009 and 2010 deliberate government decision to …

changes in financial intermediaries' balance sheets for the supply of credit, liquidity and asset prices, and, consequently …

The credit increased expressive and continuously throughout the Lula government, even after the 2008 crisis. This study … legislation as well as financial innovations, in a favorable macroeconomic context, affected credit and contributed to explain the … increase of supply of credit with free resources between 2004 and 2008. In 2009 and 2010 deliberate government decision to …

changes in financial intermediaries’ balance sheets for the supply of credit, liquidity and asset prices, and, consequently …

The idea that credit is important has gained importance in the contemporary macroeconomic theory. However, almost all … differentiate between the monetary and the real economy in the long run. This paper proposes a relationship between credit … restrictions and financial crisis based on postkeynesian theory. In this context, credit rationalization appears as a natural …

account for 12% of GDP variance and real house prices for 9%). Shocks to the term spread or to leverage (credit-to-GDP ratio …