Winners and Losers When Private Banks Distribute Government Loans : Evidence from Earmarked Credit in Brazil

Winners and Losers When Private Banks Distribute Government Loans : Evidence from Earmarked Credit in Brazil

This paper studies loan conditions in a context where private banks can operate in two credit markets: a free-market with no government intervention and an earmarked market that relies on government funds and where interest rates are regulated. The...

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Bibliographic Details
Main Authors: Ornelas, Jose Renato Haas, Pedraza, Alvaro, Ruiz-Ortega, Claudia, Silva, Thiago Christiano
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
MARKET POWER
DIRECTED LENDING
PRICING STRATEGY
BANKING SYSTEM
GOVERNMENT INTERVENTION
SECOND-TIER LENDING
GOVERNMENT CREDIT PROGRAM
CREDIT RISK
CROSS-SELLING STRATEGY
Online Access:http://documents.worldbank.org/curated/en/148531564513434960/Locking-in-Firms-Loan-Conditions-in-the-Presence-of-Government-Driven-Credit
http://hdl.handle.net/10986/32153

Internet

http://documents.worldbank.org/curated/en/148531564513434960/Locking-in-Firms-Loan-Conditions-in-the-Presence-of-Government-Driven-Credit
http://hdl.handle.net/10986/32153

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