by Sergio G. Lazzarini, Aldo Musacchio, Rodrigo Bandeira-de-Mello - Publications - Faculty & Research

24 Jan 2012
Working Paper Summaries

What Do Development Banks Do? Evidence from Brazil, 2002-2009

Keywords: by Sergio G. Lazzarini, Aldo Musacchio, Rodrigo Bandeira-de-Mello & Rosilene Marcon; Banking

2011
Working Paper

What Do Development Banks Do? Evidence from Brazil, 2002-2009

By: Sergio G. Lazzarini, Aldo Musacchio, Rodrigo Bandeira-de-Mello and Rosilene Marcon

While some authors view development banks as an important tool to alleviate capital constraints in scarce credit markets and unlock productive investments, others see those banks as conduits of cheap loans to politically connected firms that could obtain capital... View Details

Keywords: Cost of Capital; Credit; Equity; Banks and Banking; Financing and Loans; Investment; Government and Politics; Data and Data Sets; Resource Allocation; Markets; Performance; Banking Industry; Brazil

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04 Nov 2014
First Look

First Look: November 4

State-Owned Development Banks Do? Evidence from BNDES, 2002-09 By: Lazzarini, Sergio G., Aldo Musacchio, Rodrigo... View Details

Keywords: Sean Silverthorne

Article

What Do State-Owned Development Banks Do? Evidence from BNDES, 2002–09

By: Sergio G. Lazzarini, Aldo Musacchio, Rodrigo Bandeira-de-Mello and Rosilene Marcon

Defendants of state-owned development banks emphasize their role in reducing capital constraints and fostering productive investment; detractors point out that they may benefit politically connected capitalists or bail out inefficient firms. We study the effect of... View Details

Keywords: State Capitalism; Development Banks; Industrial Policy; Banking Industry; Brazil

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10 Jan 2012
First Look

First Look: January 10

organizations. Download the paper: http://www.hbs.edu/research/pdf/12-050.pdf What Do Development Banks Do? Evidence from Brazil, 2002-2009 Authors:Sergio G. Lazzarini, Aldo... View Details

Keywords: Sean Silverthorne