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Impact of Monetary Policy Changes on Brazilian Banking Efficiency during Crises
Department of Accounting, University of Sao Paulo, Ribeirao Preto, Brazil
Department of Accounting, University of Sao Paulo, Ribeirao Preto, Brazil
Department of Accounting, University of Sao Paulo, Ribeirao Preto, Brazil
Department of Accounting, University of Sao Paulo, Ribeirao Preto, Brazil
- 1 Department of Accounting, University of Sao Paulo, Ribeirao Preto, Brazil
- 2 Department of Accounting, University of Sao Paulo, Ribeirao Preto, Brazil
- 3 Department of Accounting, University of Sao Paulo, Ribeirao Preto, Brazil
- 4 Department of Accounting, University of Sao Paulo, Ribeirao Preto, Brazil
Theoretical Economics Letters·Volume 10 (2020)·Pages 1019–1030·Published 1 September 2020·DOI10.4236/tel.2020.105059
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Abstract
This study investigated the effects of monetary policy changes on Brazilian banking efficiency during crises through data envelopment analysis and difference of means tests between March 2001 and June 2014. The results indicate an increase in the effectiveness of the banking sector given changes in domestic monetary policy, especially, in terms of allocative and economic efficiencies during a crisis.
KeywordsBanking EfficiencyMonetary PolicyEconomic CrisesData Envelopment AnalysisBrazilian Banking
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