Financial cycles and the credit market in Brazil during the 2000s André Moreira Cunha Marcos Tadeu Caputi Lélis Pedro Perfeito da Silva Lucas Ulguim Lopes 10.6084/m9.figshare.8092031.v1 https://scielo.figshare.com/articles/dataset/Financial_cycles_and_the_credit_market_in_Brazil_during_the_2000s/8092031 <p></p><p>Abstract This study aims to analyze the behavior of Brazilian state-owned banks during the global financial crisis and its aftermath. In this regard, it employs time-series econometrics, based on the MS-DR and VEC models. Evidence was found suggesting that the credit originated in state-owned banks showed counter-cyclical characteristics; while private banks behaved in a typically procyclical manner.</p><p></p> 2019-05-08 02:49:17 State-owned banks Credit Counter-cyclical policies Brazil