TY - GEN AU - Cavalcanti, Tiago AU - Kaboski, Joseph P. AU - Martins, Bruno AU - Santos, Cezar TI - Research Insights: How Do High Interest Rates Limit Development? PY - 2023 Y1 - 2023/11/27 DO - 10.18235/0005299 AB - Credit markets in developing countries are characterized by large gaps between lending and deposit rates. Interest rate spreads in Brazil are high and vary significantly across similar firms. High interest rate spreads can substantially decrease a countrys output since they reduce access to credit for potentially productive firms. UR - https://doi.org/10.18235/0005299 ER -