Estrutura de mercado no setor bancário e política monetária: um estudo exploratório

Authors

  • Marcelo Resende

DOI:

https://doi.org/10.11606/1980-53572122mr

Keywords:

Banking, Banking concentration, Money multiplier

Abstract

This article aims at studying the relationship between the banking maiket structure and the money multiplier. Taking as reference the model of Baltensperger (1972) one can postulate the existence of a positive association between banking concentration and money multiplier. The empirical evidence for the brazilian economy doesn't allows to reject such hypothesis.

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References

BALTENSPERGER, H. Economies of scale, firm size, and concentration in banking. Journal of Money, Credit andBanking, 4 (3):467-488, aug. 1972.

BALTENSPERGER, H. Alternative approaches to the theory of the banking firm. Journal ofMoney, Credit and Banking, 6 (l):l-37,jan. 1980.

BOLETIM DO BANCO CENTRAL DO BRASIL (diversos números).

CARVALHO, C. A. D. Encaixe dos bancos comerciais e estrutura de seus depósitos: uma análise diferenciada. Rio de Janeiro, EPGE/FGV, Dissertação de mestrado, 1983.

DENIS, G. E. J. Monetary economics. Essex, Longman, 1981.

DEWALD, W. G. Free reserves, total reserves and monetary control. Journal of Political Economy, 71 (2): 141-153, apr. 1963.

GILBERT, R. A. Bank market structure and competition: a survey. Journal ofMoney, Credit and Banking, 16 (4):617-645, parte 2, nov. 1984.

MONTORO FILHO, A. F. Análise do sistema bancário no Brasil. Revista Brasileira de Economia, 31 (3):447-473, jul./set. 1977.

RESENDE, M. Estrutura de mercado no setor bancário: determinantes e implicações sobre a política monetária. Rio de Janeiro, PUC/RJ, Dissertação de mestrado, 1989.

VANHOOSE, D. D. Bank market structure and monetary control. Journal ofMoney, Credit and Banking, 17 (3):298-311, aug. 1985a.

VANHOOSE, D. D. Bank competition and optimal monetary policies under alternative reserve accounting schemes.Journal ofMacroeconomics, 7 (4):537-552, Fall 1985b

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Published

01-06-1991

Issue

Vol. 21 No. 2 (1991)

Section

Não definida

License

Copyright (c) 1991 Marcelo Resende

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

By submitting an article, the author authorizes its publication and attests that it has not been submitted to any other journal. The original article is considered final. Articles selected for publication are proofread for grammatical and orthographic errors. The journal does not pay rights for published articles. The Institute of Economic Research from the School of Economics, Business and Accounting of the University of São Paulo (Instituto de Pesquisas Econômicas da Faculdade de Economia, Administração e Contabilidade da Universidade de São Paulo) owns the journal's copyright.

How to Cite

Resende, M. (1991). Estrutura de mercado no setor bancário e política monetária: um estudo exploratório. Estudos Econômicos (São Paulo), 21(2), 213-222. https://doi.org/10.11606/1980-53572122mr