Private sector credit and inflation during Brazilian stabilization plans: Models with endogenously determined structural breaks

Private sector credit and inflation during Brazilian stabilization plans: Models with endogenously determined structural breaks

dc.creatorZerbini, Maria Beatriz
dc.creatorRocha, Fabiana
dc.date2002-11-02
dc.date.accessioned2022-11-03T21:18:04Z
dc.date.available2022-11-03T21:18:04Z
dc.identifierhttps://bibliotecadigital.fgv.br/ojs/index.php/bre/article/view/2735
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/5047761
dc.descriptionThe purpose of this paper is to investigate the relationship between credit, inflation, and stabilization plans in Brazil during 1970-1998. The structural changes suffered by credit are endogenously determined using Bai and Perron's methodology (1998). The breaks correspond to the major stabilization plans adopted by the country. A negative relationship between credit and inflation is found. Stability contributes to credit expansion without, however, guaranteeing its quality.en-US
dc.descriptionO objetivo deste artigo é investigar a relação entre crédito, inflação e pIanos de estabilização no Brasil durante o período 1970-1998. Determina-se endogenamente as mudanças estruturais sofridas pelo crédito, usando-se a metodologia de Bai e Perron (1998). As quebras coincidem com os principais pIanos de estabilização adotados pelo país. Acha-se uma relação negativa entre crédito e inflação, indicando que a estabilidade contribui para a expansão do crédito embora não garanta a sua qualidade.pt-BR
dc.formatapplication/pdf
dc.languageeng
dc.publisherSociedade Brasileira de Econometriaen-US
dc.relationhttps://bibliotecadigital.fgv.br/ojs/index.php/bre/article/view/2735/1675
dc.sourceBrazilian Review of Econometrics; Vol. 22 No. 2 (2002); 183-214en-US
dc.sourceBrazilian Review of Econometrics; v. 22 n. 2 (2002); 183-214pt-BR
dc.source1980-2447
dc.subjectCrediten-US
dc.subjectinflationen-US
dc.subjectstabilization plansen-US
dc.subjectstructural breaks.en-US
dc.subjectE5en-US
dc.subjectC22en-US
dc.subjectCreditpt-BR
dc.subjectinflationpt-BR
dc.subjectstabilization planspt-BR
dc.subjectstructural breaks.pt-BR
dc.subjectE5pt-BR
dc.subjectC22pt-BR
dc.titlePrivate sector credit and inflation during Brazilian stabilization plans: Models with endogenously determined structural breaksen-US
dc.titlePrivate sector credit and inflation during Brazilian stabilization plans: Models with endogenously determined structural breakspt-BR
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion


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