This text evaluates the effect of the BNDES Finame credit program on the survival of Brazilian firms, separated according to their size, between 2002 and 2016. To this end, we employ the survival analysis method. In this work, we use the microdata bases of RAIS and BNDES financing operations....

In the period 2001-2011, we had a strong increase in private credit in Brazil, which increased from 27.2% to 51.6% of gross domestic product (GDP). In addition, private credit with free resources (with interest rates freely negotiated in the market, without subsidies and without direction) went...

This text evaluates the effect of the BNDES Finame credit program on the survival of Brazilian firms, separated according to their size, between 2002 and 2016. To this end, we employ the survival analysis method. In this work, we use the microdata bases of RAIS and BNDES financing operations....

In the period 2001-2011, we had a strong increase in private credit in Brazil, which increased from 27.2% to 51.6% of gross domestic product (GDP). In addition, private credit with free resources (with interest rates freely negotiated in the market, without subsidies and without direction) went...