2022-11-252022-11-252014CARVALHO, André Cutrim; CARVALHO, David Ferreira. Credit rationing and high interest rates: an application of structural vector autoregression and vector error-correction models. Revista de Finanças Aplicadas, online, v. 1, n. 1, p.1-54, 2014. Disponível em: http://repositorio.ufpa.br:8080/jspui/handle/2011/15054. Acesso em:.2176-8854https://repositorio.ufpa.br/handle/2011/15054This article analyzes the behavior of monetary policy credit rationing in Brazil, mainly the performance of the supply of private bank loans due to the oscillations in the default rate and borrowing base interest rate.Acesso Abertohttp://creativecommons.org/licenses/by-nc-nd/3.0/br/Racionamento de créditoCréditos bancários privadosVetores auto-regressivosCredit rationingPrivate bank loansVector auto regres sionCredit rationing and high interest rates: an application of structural vector autoregression and vector error-correction modelsRacionamento de crédito e taxas de juros elevadas: uma aplicação de modelos de vetores auto-regressivos estrutural e vetores de correção de errosArtigo de Periódico