IDEAS home Printed from https://ideas.repec.org/a/ris/rberur/0129.html
   My bibliography  Save this article

Desenvolvimento Financeiro Suaviza o Efeito de Choques em Economias Locais?

Author

Listed:
  • Rocha, Bruno de Paula

    (Departamento de Economia UFABC)

  • Silva, Mariangela Christie da

    (UFABC/Zap Imóveis)

Abstract

This paper aims to explore the relationship between the development of financial intermediaries and the volatility of economic growth in Brazilian states, in the face of real and monetary shocks. This study performs an empirical analysis of State longitudinal data with temporal range between 2004 and 2015, in a panel data setting divided in three periods, which aims to calculate the impact on regional volatility at different points in time. The results show that, in the face of real shocks, local financial intermediaries act to absorb the volatility of the economic growth, while the estimated impacts of the local financial system on the State monetary shocks were not significant.

Suggested Citation

  • Rocha, Bruno de Paula & Silva, Mariangela Christie da, 2021. "Desenvolvimento Financeiro Suaviza o Efeito de Choques em Economias Locais?," Revista Brasileira de Estudos Regionais e Urbanos, Associação Brasileira de Estudos Regionais e Urbanos (ABER), vol. 15(3), pages 468-488.
    • Handle: RePEc:ris:rberur:0129
    as

    Download full text from publisher

    File URL: https://revistaaber.org.br/rberu/article/view/621
    File Function: Full text
    Download Restriction: ris
    ---><---

    More about this item

    Keywords

    Intermediários financeiros; Volatilidade do crescimento econômico; Choques econômicos locais;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:rberur:0129. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Edson Paulo Domingues (email available below). General contact details of provider: https://edirc.repec.org/data/aberrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.