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This study documents both high levels and high dispersion in default-adjusted credit spreads to Brazilian firms.
Delivering Better Value for Money
Find out what makes a person an enabler of tax avoidance, and what to do about legally privileged communications.
Policy brief on the growth effects of financial volatility, and ways to mitigate them
This paper reviews the state of knowledge on the impact of financial frictions and financial underdevelopment on firms
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