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Bank consolidation and credit concentration in Brazil (1995-2004)

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  • Almeida, Daniel B. de Castro
  • Jayme Jr., Frederico G.

Abstract

Since monetary stabilization in 1994, bank consolidation has beengathering pace in Brazil as part of a global concentration trend followingbank deregulation processes. This article analyses the effect of bankconcentration on lending in Brazil in the period 1995-2004, distinguishingtwo stages and estimating panel data for Brazil's 27 federative units. Theresults support the hypothesis that the process of consolidation in theBrazilian banking sector has an adverse effect on lending, which mainlyharms the less developed regions of the country.

Suggested Citation

  • Almeida, Daniel B. de Castro & Jayme Jr., Frederico G., 2008. "Bank consolidation and credit concentration in Brazil (1995-2004)," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    • Handle: RePEc:ecr:col070:11315
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    Cited by:

    1. João Prates Romero & Frederico G. Jayme Jr., 2009. "Financial system, innovation and regional development: a study on the relationship between liquidity preference and innovation in Brazil," Textos para Discussão Cedeplar-UFMG td357, Cedeplar, Universidade Federal de Minas Gerais.
    2. Edmund Amann & Werner Baer, 2012. "The Impact of Privatization on Brazil’s Regions," Chapters, in: Werner Baer (ed.), The Regional Impact of National Policies, chapter 6, Edward Elgar Publishing.
    3. Hany Guirguis & Glenn R. Mueller & Joshua Harris & Andrew G. Mueller, 2017. "Did Increased Large Bank Concentration of US Mortgage Loan Originations Explain Rising Originator Profits?," International Real Estate Review, Global Social Science Institute, vol. 20(3), pages 325-348.

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