Winners and Losers When Private Banks Distribute Government Loans : Evidence from Earmarked Credit in Brazil
This paper studies loan conditions in a context where private banks can operate in two credit markets: a free-market with no government intervention and an earmarked market that relies on government funds and where interest rates are regulated. The...
| Main Authors: | , , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/148531564513434960/Locking-in-Firms-Loan-Conditions-in-the-Presence-of-Government-Driven-Credit http://hdl.handle.net/10986/32153 |