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Desenvolvimento econômico, preferência pela liquidez e acesso bancário: um estudo de caso [Economic development, liquidity preference and access to bank services: a case study]

Author

Listed:
  • Marco Crocco

  • Anderson Cavalcante
  • Cláudio Barra
  • Vanessa da Costa Val

Abstract

The aim of this paper is to study the access to bank services and the public liquidity preference in Minas Gerais. The theoretical approach will be post-keynesian, which suggests that in peripherical regions the liquidity preference would be higher, due to the uncertainty. This situation leads to fewer bank branches, less information within the peripheral region and lower willingness in lending by the bank system. In this way, regions with higher liquidity preferences and lower access to bank services are supposed to show credit problems, what make their development more difficult.

Suggested Citation

  • Marco Crocco & Anderson Cavalcante & Cláudio Barra & Vanessa da Costa Val, 2003. "Desenvolvimento econômico, preferência pela liquidez e acesso bancário: um estudo de caso [Economic development, liquidity preference and access to bank services: a case study]," Textos para Discussão Cedeplar-UFMG td192, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td192
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    References listed on IDEAS

    as
    1. Paul Davidson, 1983. "Rational Expectations: A Fallacious Foundation for Studying Crucial Decision-Making Processes," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 5(2), pages 182-198, January.
    2. Sheila C. Dow & John Hillard (ed.), 1995. "Keynes, Knowledge And Uncertainty," Books, Edward Elgar Publishing, number 148.
    3. Ingrosso, Fulvio & Faini, Riccardo & Giannini, Curzio, 1992. "Finance and Development: The Case of Southern Italy," CEPR Discussion Papers 674, Centre for Economic Policy Research.
    4. Paul Davidson, 1991. "Rational Expectations: a Fallacious Foundation for Studying Crucial Decision Making Processes," Palgrave Macmillan Books, in: Louise Davidson (ed.), Inflation, Open Economies and Resources, chapter 12, pages 123-138, Palgrave Macmillan.
    5. Sheila C. Dow, 1993. "Money And The Economic Process," Books, Edward Elgar Publishing, number 147.
    Full references (including those not matched with items on IDEAS)

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    Keywords

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    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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