Abstract:With the end of the recession from 2014 to 2016, Brazil began a gradual recovery process, with a positive impact on some economic variables-among them, credit financing. Despite this, a robust recovery was not seen in 2019, and 2020 was marked by the arrival of the Covid-19 pandemic, which raises questions about the stability of the financial system and the control of defaults. Considering this, the present study explores how macroeconomic variables affected the default of a financial institution's credit port… Show more
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