Efeitos da variação da alíquota dos compulsórios no Sistema Bancário Brasileiro (2010-2020)

Abstract

The current work analyzed how the change in the rate of compulsory influences on the Brazilian monetary system, credit market and the main banking variables related to the income of banks. As specific objectives, the present study verifies (i) whether the use of this policy brings any benefit to emerging countries such as Brazil; (ii) how the compulsory collection policy affects key banking variables such as ROE, Margin, Loan Rate and Deposit Rate. As a justification of the work, the effects of the compulsory reserve will be measured to subsidize public policies by the Brazilian monetary ratio. However, panel data models will be estimated for this study through the use of cerutti et data. Al (2020). For the statement of the results of the banks and data of credit volumes, in the period 2010-2020, were obtained respectively in the IF portal. Date and in the credit information system (SCR) of the Central Bank of Brazil (BCB) and other macroeconomic data sources, such as IpeaData, IBGE and in the BCB time series system. Regarding the expected results, according to Brei and Moreno (2019), the higher the reserve requirement, the lower the deposit rate, because it increases the effective cost of deposits.