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This paper addresses the issue of bank lending channel in Brazil using monthly aggregate data in the range 1995/2010, in a structural cointegrated VAR. Following techniques previously used by Huelsewig et al (2005) and Walsh and Wilcox (1995) and applying a VECM model, it is estimated the response of bank loans to a monetary policy shock and to identify demand and supply of loans. The results show evidence of the operation of the credit channel in Brazil, and through the historical decomposition of the variance observes the role of credit in the performance of industrial product during recent phases of expansion and contraction of the Brazilian economy. Keywords: Bank Lending Channel, VECM, Monetary Policy.

Template for Math Exams at Middle East Technical University, Northern Cyprus Campus

University Assignment Title Page LaTeX Template Version 1.0 (27/12/12) This template has been downloaded from: http://www.LaTeXTemplates.com Original author: WikiBooks (http://en.wikibooks.org/wiki/LaTeX/Title_Creation) License: CC BY-NC-SA 3.0 (http://creativecommons.org/licenses/by-nc-sa/3.0/) Instructions for using this template: This title page is capable of being compiled as is. This is not useful for including it in another document. To do this, you have two options: 1) Copy/paste everything between \begin{document} and \end{document} starting at \begin{titlepage} and paste this into another LaTeX file where you want your title page. OR 2) Remove everything outside the \begin{titlepage} and \end{titlepage} and move this file to the same directory as the LaTeX file you wish to add it to. Then add \input{./title_page_1.tex} to your LaTeX file where you want your title page. \title{Title page with logo}

Spanish homework of precepts for Linear Algebra

My work. Our work.

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Modelo criado para o trabalho da matéria TLFAC

Fancy a cool dodecahedron calendar for your desk? Create one with LaTeX in seconds! This example of the folding library was originally published in the TeXample gallery at http://www.texample.net/tikz/examples/foldable-dodecahedron-with-calendar/.