The aim of this paper is analyzing the evolution of the Brazilian credit market from 2003 to 2011 and its impact on … inequality in Brazil. The arguments are organized as follows. After an introductory section, the second one presents the … determinants and the general trends of the banking credit market between December 2003 and December 2011, while the third section …

illuminate competition and pricing frictions in the large, yet largely unstudied, small-dollar loan market. -- Payday credit … ; overdraft credit ; competition ; adverse selection …We find that competition from payday lenders leads depository institutions to raise overdraft fees and reduce the …