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Marcos Roberto Vasconcelos

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Review Open access Aug 2026

Anticipating the Credit Cycle: the Predictive Role of Lending Standards in Brazil

Identifying credit supply shocks separately from demand shocks remains a central challenge in the empirical credit-channel literature, particularly in emerging economies. We use the Brazilian Central Bank's Quarterly Credit Conditions Survey (PTC), launched in 2011, which records the lending standards reported by finan...

Jose Antonio dos Santos Rocha, Marcos Roberto Vasconcelos · 0 citations

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