This paper examines the bank lending channel, which considers how monetary authority actions affect the variation of loans. We focus on the BRICS (Brazil, Russia, India, China and South Africa) totalizing 1254 banks from five countries in the period 2000–2012 (totalizing 13 years). The...

We employ a lab experiment to test whether subjects have overconfidence. We find evidence suggesting that: in general men have a larger degree of overconfidence, and that both age and experience have some influence in the degree of overconfidence

The literature measures a bank's market power using aggregated bank-level data. However, market power may be exercised in a decentralized way by each bank branch and for specific banking products. We propose a novel methodology for estimating market power at the branch level in each locality and...