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dc.titleResearch Insights: How Do High Interest Rates Limit Development?
dc.contributor.authorCavalcanti, Tiago
dc.contributor.authorKaboski, Joseph P.
dc.contributor.authorMartins, Bruno
dc.contributor.authorSantos, Cezar
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageBrazil
dc.date.available2023-11-27T00:11:00
dc.date.issue2023-11-27T00:11:00
dc.description.abstractCredit 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.
dc.format.extent4
dc.identifier.doihttp://dx.doi.org/10.18235/0005299
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Research-Insights-How-Do-High-Interest-Rates-Limit-Development.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Perspectivas-de-investigacion-como-las-tasas-de-interes-limitan-el-desarrollo.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectFinancial Friction
dc.subjectInterest Rate
dc.subjectSmall Business
dc.subjectBank Loan
dc.subjectCredit Market
dc.subjectMacroeconomy
dc.subjectRating
dc.subjectLabor Force
dc.subjectEntrepreneurship
dc.subject.jelcodeO11 - Macroeconomic Analyses of Economic Development
dc.subject.jelcodeO16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance
dc.subject.jelcodeE22 - Investment • Capital • Intangible Capital • Capacity
dc.subject.keywordsCredit spreads;Aggregate Misllocation
dc.typeCatalogs and Brochures
idb.identifier.pubnumberIDB-CB-00834
idb.operationRG-K1098
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