Macroeconomic factors, industrial indexes and bank spread in Brazil
DOI:
https://doi.org/10.5007/2175-8077.2018v20n51p26Abstract
The main objective of this paper is to Identify which macroeconomic factors and industrial indexes influenced the total Brazilian banking spread between March 2011 and March 2015. This paper considers subclassification of industrial activities in Brazil. Monthly time series data were used in multivariate linear regression models using Eviews (7.0). Eighteen variables were considered as candidates to be determinants. Variables which positively influenced bank spread are; Default, IPIs (Industrial Production Indexes) for capital goods, intermediate goods, durable consumer goods, semi-durable and non-durable goods, the Selic, GDP, unemployment rate and EMBI +. Variables which influence negatively are; Consumer and general consumer goods IPIs, IPCA, the balance of the loan portfolio and the retail sales index. A p-value of 05% was considered. The main conclusion of this work is that the progress of industry, job creation and consumption can reduce bank spread.Downloads
Published
2018-08-30
How to Cite
Durigan Junior, C. A., Taue Saito, A., Reed Bergmann, D., & Martins Dias Fouto, N. M. (2018). Macroeconomic factors, industrial indexes and bank spread in Brazil. Journal of Administration Science, 20(51), 26–41. https://doi.org/10.5007/2175-8077.2018v20n51p26
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