Is the public sector of your country a diffusion borrower? Empirical evidence from Brazil.

We propose a diffusion process to describe the global dynamic evolution of credit operations at a national level given observed operations at a subnational level in a sovereign country. Empirical analysis with a unique dataset from Brazilian federate constituents supports the conclusions. Despite th...

Full description

Bibliographic Details
Main Authors:	Leno S Rocha, Frederico S A Rocha, Thársis T P Souza
Format:	Article
Language:	English
Published:	Public Library of Science (PLoS) 2017-01-01
Series:	PLoS ONE
Online Access:	http://europepmc.org/articles/PMC5628819?pdf=render

id	doaj-8a0a387b241c45eca273bd25f7ef615f
record_format	Article
spelling	doaj-8a0a387b241c45eca273bd25f7ef615f2020-11-24T21:48:15ZengPublic Library of Science (PLoS)PLoS ONE1932-62032017-01-011210e018525710.1371/journal.pone.0185257Is the public sector of your country a diffusion borrower? Empirical evidence from Brazil.Leno S RochaFrederico S A RochaThársis T P SouzaWe propose a diffusion process to describe the global dynamic evolution of credit operations at a national level given observed operations at a subnational level in a sovereign country. Empirical analysis with a unique dataset from Brazilian federate constituents supports the conclusions. Despite the heterogeneity observed in credit operations at a subnational level, the aggregated dynamics at a national level were accurately described by the proposed model. Results may guide management of public finances, particularly debt manager authorities in charge of reaching surplus targets.http://europepmc.org/articles/PMC5628819?pdf=render
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Leno S Rocha Frederico S A Rocha Thársis T P Souza
spellingShingle	Leno S Rocha Frederico S A Rocha Thársis T P Souza Is the public sector of your country a diffusion borrower? Empirical evidence from Brazil. PLoS ONE
author_facet	Leno S Rocha Frederico S A Rocha Thársis T P Souza
author_sort	Leno S Rocha
title	Is the public sector of your country a diffusion borrower? Empirical evidence from Brazil.
title_short	Is the public sector of your country a diffusion borrower? Empirical evidence from Brazil.
title_full	Is the public sector of your country a diffusion borrower? Empirical evidence from Brazil.
title_fullStr	Is the public sector of your country a diffusion borrower? Empirical evidence from Brazil.
title_full_unstemmed	Is the public sector of your country a diffusion borrower? Empirical evidence from Brazil.
title_sort	is the public sector of your country a diffusion borrower? empirical evidence from brazil.
publisher	Public Library of Science (PLoS)
series	PLoS ONE
issn	1932-6203
publishDate	2017-01-01
description	We propose a diffusion process to describe the global dynamic evolution of credit operations at a national level given observed operations at a subnational level in a sovereign country. Empirical analysis with a unique dataset from Brazilian federate constituents supports the conclusions. Despite the heterogeneity observed in credit operations at a subnational level, the aggregated dynamics at a national level were accurately described by the proposed model. Results may guide management of public finances, particularly debt manager authorities in charge of reaching surplus targets.
url	http://europepmc.org/articles/PMC5628819?pdf=render
work_keys_str_mv	AT lenosrocha isthepublicsectorofyourcountryadiffusionborrowerempiricalevidencefrombrazil AT fredericosarocha isthepublicsectorofyourcountryadiffusionborrowerempiricalevidencefrombrazil AT tharsistpsouza isthepublicsectorofyourcountryadiffusionborrowerempiricalevidencefrombrazil
_version_	1725893222536839168

Is the public sector of your country a diffusion borrower? Empirical evidence from Brazil.

Similar Items