We investigate how banks change the geographic distribution of their small business loan portfolio when they face political uncertainty in some of the states where they operate. Using exogenous variation in gubernatorial ...

Extensa literatura existe acerca de apreçamento de derivativos de crédito, em especial Credit Default Swaps, porém pouco foi discutido sobre o caso peculiar brasileiro, com convenções de taxas de juros e legislação ...

The credit market is an important tool to measure the health and well-being of an economy. With such in mind, it becomes important to study the credit market and its behavior according to the different economy cycles. ...

This thesis presents two theoretical models. The first shows how the cost of doing business associated with red tape arises as a response to institutional failure, namely, a failure of the legal system. It shows that, when ...

Although credit rating agencies have gradually moved away from a policy of never rating a corporation above the sovereign (the ‘sovereign ceiling’), it appears that sovereign credit ratings remain a significant determinant ...

The work focalize the productive insertion with the seated women, to bring a critical analyses of the political credits destined to this insertion, have like empirics space research the Women Group named Coletivo Mãe ...