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The Brazilian credit market: Recent developments and impact on inequality

Author

Listed:
  • Prates, Daniela Magalhães
  • Ferreira, Adriana Nunes
  • Gorayeb, Daniela

Abstract

The aim of this paper is analyzing the evolution of the Brazilian credit market from 2003 to 2011 and its impact on inequality in Brazil. The arguments are organized as follows. After an introductory section, the second one presents the determinants and the general trends of the banking credit market between December 2003 and December 2011, while the third section analyses the extent to which employment and incomes in the banking sector might have contributed to reduce the inequality in Brazil. The paper closes with some final remarks on the lessons that can be drawn from the Brazilian experience.

Suggested Citation

  • Prates, Daniela Magalhães & Ferreira, Adriana Nunes & Gorayeb, Daniela, 2015. "The Brazilian credit market: Recent developments and impact on inequality," GLU Working Papers 34, Global Labour University (GLU).
    • Handle: RePEc:zbw:gluwps:121444
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    References listed on IDEAS

    as
    1. Philip Arestis & Fernando Ferrari-Filho & Luiz Fernando de Paula, 2011. "Inflation targeting in Brazil," International Review of Applied Economics, Taylor & Francis Journals, vol. 25(2), pages 127-148.
    2. Rogerio Andrade & Daniela Prates, 2013. "Exchange rate dynamics in a peripheral monetary economy," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 35(3), pages 399-416.
    3. Rogério Sobreira, 2011. "The Brazilian experience on prudential regulation and its impacts on the 2008 financial crisis," Brazilian Journal of Political Economy, Center of Political Economy, vol. 31(5), pages 893-902.
    4. André Moreira Cunha & Daniela Magalhães Prates & Fernando FerrariFilho, 2011. "Brazil Responses to the International Financial Crisis: A Successful Example of Keynesian Policies?," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 58(5), pages 693-714, December.
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