This article investigates the effects of monetary policy shock in the Brazilian real state market using structural VAR through the period June/2000 to August/2010. The identification is done following the agnostic procedure suggested by Uhlig (2005). The mains results are: The stock of credit to...

The main objective of this article is to verify the impact of both the incarceration rate and the number of police officers over the homicide rates. Overall, our results suggest that the increase in both the incarceration rate and the number of police officers are important do deter homicides....

This study aims to estimate the system of bank credit demand and supply in Brazil. Understanding how the balance is established in this market is the key to know the importance of the credit channel. Based on the aggregated data from June 2000 to August 2012 not only for firms but also for...

This study aims to analyse the demand for credit in Brazilian market for vehicles. Based on the Markov Switching model to dealing with regime change, we estimate a demand function using aggregated monthly data from Oct./2000 to Dec./2012. The results showed that the demand for credit was subject...

This article verifies the different effects of legal repression over homicide rates across Brazilian states. We analyze the impacts of two different kinds of legal repression: incapacitation (rate of individuals serving time in jail in relation to 100,000 inhabitants) and deterrence (rate of...