DETERMINANTES DEL SPREAD BANCARIO EN BRASIL Y LOS EFECTOS DEL ACUERDO DE BASEL III

This article studies the determinants of Brazilian ex-post bank spread, in particular, we seek evidence of the Basel III agreement implementation effects on Brazilian spread. Based on a model presented by Ho & Saunders (1981), we estimated a panel model with data of 73 commercial banks opera...

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Detalles Bibliográficos
Autores: Cavalcanti, Felipe De Oliviera, Gutierrez, Carlos E. Carrasco, Figueiredo, Jéssica Filardi Milker
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2021
País:Brasil
Institución:Universidade de São Paulo (USP)
Repositorio:Economia Aplicada
Idioma:portugués
OAI Identifier:oai:revistas.usp.br:article/173229
Acceso en línea:https://www.revistas.usp.br/ecoa/article/view/173229
Access Level:acceso abierto
Palabra clave:spread
Basileia III
crédito
bancos
Basel III
credit
banks
Descripción
Sumario:This article studies the determinants of Brazilian ex-post bank spread, in particular, we seek evidence of the Basel III agreement implementation effects on Brazilian spread. Based on a model presented by Ho & Saunders (1981), we estimated a panel model with data of 73 commercial banks operating in Brazil from 2009:2 to 2016:2. The results showed evidence of a positive impact on ex-post bank spread of the new capital requirements of the Basel III agreement in Brazil. Other variables that have been identified as determinants of the spread are: administrative expenses, taxation, banks’ net profit, unemployment and the Selic rate.