da Silva, Napoleão Luiz Costa; Zilberman, Eduardo - 2018
Financial constraints on Brazilian firms are very high compared to advanced economies. In Brazil, 59% of firms have … are much higher in Brazil (95% of the loan value) than the developed country average (50% of the loan value). The interest … rate spread in Brazil is very high in relation to the average of developed countries (12% in Brazil and 3% in developed …