This thesis serves as my doctoral thesis entitled “Essays in Empirical Banking” that is submitted in partial fulfillment of the requirements for the doctoral degree in administration (finance track) at the Brazilian School ...

Reestruturação é uma concessão feita por um banco a um tomador de recursos em decorrência de dificuldade financeira. Este trabalho examina porque e quando empréstimos bancários são reestruturados, utilizando uma nova base ...

This paper evaluates how information asymmetry affects the strength of competition in credit markets. A theory is presented in which adverse selection softens competition by decreasing the incentives creditors have for ...

Defendants of state-owned development banks emphasize their role in reducing capital constraints and fostering productive investment; detractors point out that they may benefit politically connected capitalists or bail out ...

The aim of this research is to analyze the performance of monetary policy on payroll loans, through the credit channel, as well as to assess the impacts of payroll loans on the Gross Domestic Product (GDP), monetary policy ...

We construct banking networks using bank-level balance sheet data from 2005 to 2010 from five emerging countries: Argentina, Brazil, Mexico, South Africa, and Taiwan. The network interaction is based on the leverage ratio ...