Spread bancário e enforcement contratual: hipótese de causalidade reversa e evidência empírica

Detalhes bibliográficos
Autor(a) principal: Salama, Bruno Meyerhof
Data de Publicação: 2016
Tipo de documento: Dissertação
Idioma: por
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/17573
Resumo: The consensus in the literature is that the low level of enforcement of contracts and guarantees is an important cause of Brazil’s high banking spreads. There may however be an endogeneity problem in the estimation of this causal effect due to reverse causality. This paper formulates this hypothesis, presents preliminary empirical evidence and draws normative implications. At the end, it presents useful lessons for economic analysis of law and of the Judiciary Power.
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spelling Salama, Bruno MeyerhofEscolas::EESPBarbosa, KlênioAzevedo, Paulo Furquim deGuimarães, Bernardo de Vasconcellos2016-12-13T15:39:43Z2016-12-13T15:39:43Z2016-11-28SALAMA, Bruno Meyerhof. Spread bancário e enforcement contratual: hipótese de causalidade reversa e evidência empírica. Dissertação (Mestrado Profissional em Finanças e Economia) - FGV - Fundação Getúlio Vargas, São Paulo, 2016.http://hdl.handle.net/10438/17573The consensus in the literature is that the low level of enforcement of contracts and guarantees is an important cause of Brazil’s high banking spreads. There may however be an endogeneity problem in the estimation of this causal effect due to reverse causality. This paper formulates this hypothesis, presents preliminary empirical evidence and draws normative implications. At the end, it presents useful lessons for economic analysis of law and of the Judiciary Power.O consenso da literatura é o de que o baixo nível de enforcement dos contratos e garantias seja uma causa importante do alto spread bancário no Brasil. No entanto, por conta de uma dinâmica de causalidade reversa, pode haver uma endogeneidade na estimação deste efeito causal. O presente trabalho formula esta hipótese, apresenta evidência empírica preliminar e retira implicações normativas. Ao final, apresenta lições úteis para a análise econômica do direito e do Poder Judiciário.porSpread bancárioViés judicialDireito e economiaEconomiaBancos - BrasilTaxas de juros - BrasilPoder judiciárioContratosSpread bancário e enforcement contratual: hipótese de causalidade reversa e evidência empíricainfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessTEXTDissertação - Bruno Salama - Final.pdf.txtDissertação - Bruno Salama - Final.pdf.txtExtracted texttext/plain103210https://repositorio.fgv.br/bitstreams/2f772250-e496-4bce-8421-e5f09d44ec37/download3738380e3a9fe1060a92e3db2b0c74c7MD59ORIGINALDissertação - Bruno Salama - Final.pdfDissertação - Bruno Salama - 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dc.title.por.fl_str_mv Spread bancário e enforcement contratual: hipótese de causalidade reversa e evidência empírica
title Spread bancário e enforcement contratual: hipótese de causalidade reversa e evidência empírica
spellingShingle Spread bancário e enforcement contratual: hipótese de causalidade reversa e evidência empírica
Salama, Bruno Meyerhof
Spread bancário
Viés judicial
Direito e economia
Economia
Bancos - Brasil
Taxas de juros - Brasil
Poder judiciário
Contratos
title_short Spread bancário e enforcement contratual: hipótese de causalidade reversa e evidência empírica
title_full Spread bancário e enforcement contratual: hipótese de causalidade reversa e evidência empírica
title_fullStr Spread bancário e enforcement contratual: hipótese de causalidade reversa e evidência empírica
title_full_unstemmed Spread bancário e enforcement contratual: hipótese de causalidade reversa e evidência empírica
title_sort Spread bancário e enforcement contratual: hipótese de causalidade reversa e evidência empírica
author Salama, Bruno Meyerhof
author_facet Salama, Bruno Meyerhof
author_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EESP
dc.contributor.member.none.fl_str_mv Barbosa, Klênio
Azevedo, Paulo Furquim de
dc.contributor.author.fl_str_mv Salama, Bruno Meyerhof
dc.contributor.advisor1.fl_str_mv Guimarães, Bernardo de Vasconcellos
contributor_str_mv Guimarães, Bernardo de Vasconcellos
dc.subject.por.fl_str_mv Spread bancário
Viés judicial
Direito e economia
topic Spread bancário
Viés judicial
Direito e economia
Economia
Bancos - Brasil
Taxas de juros - Brasil
Poder judiciário
Contratos
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Bancos - Brasil
Taxas de juros - Brasil
Poder judiciário
Contratos
description The consensus in the literature is that the low level of enforcement of contracts and guarantees is an important cause of Brazil’s high banking spreads. There may however be an endogeneity problem in the estimation of this causal effect due to reverse causality. This paper formulates this hypothesis, presents preliminary empirical evidence and draws normative implications. At the end, it presents useful lessons for economic analysis of law and of the Judiciary Power.
publishDate 2016
dc.date.accessioned.fl_str_mv 2016-12-13T15:39:43Z
dc.date.available.fl_str_mv 2016-12-13T15:39:43Z
dc.date.issued.fl_str_mv 2016-11-28
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
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status_str publishedVersion
dc.identifier.citation.fl_str_mv SALAMA, Bruno Meyerhof. Spread bancário e enforcement contratual: hipótese de causalidade reversa e evidência empírica. Dissertação (Mestrado Profissional em Finanças e Economia) - FGV - Fundação Getúlio Vargas, São Paulo, 2016.
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10438/17573
identifier_str_mv SALAMA, Bruno Meyerhof. Spread bancário e enforcement contratual: hipótese de causalidade reversa e evidência empírica. Dissertação (Mestrado Profissional em Finanças e Economia) - FGV - Fundação Getúlio Vargas, São Paulo, 2016.
url http://hdl.handle.net/10438/17573
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dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
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