Browsing by Author "Barbosa, Klênio"
Barbosa, Klênio; Rocha, Bruno de Paula; Salazar, Fernando Morais Farré
2013-12-06This paper investigates the competitive aspects of multi-product banking operations. Extending Panzar and Rosse (1987)’s model to the case of a multi-product banking firm, we show that the higher the economies of scope in ...
Arvate, Paulo Roberto; Barbosa, Klênio; Fuzitani, Eric
2013-12-06A corporate firm may influence policies in its favor by transferring money to political candidates. However, empirical studies which document evidence about the return on campaign donations are rare (Großer, Reuben and ...
Demand aggregation and credit risk effects in pooled procurement: evidence from the Brazilian public purchases of pharmaceuticals and medical supplies Barbosa, Klênio; Fiuza, Eduardo Pedral Sampaio
2012-09-12Pooled procurement has an important role in reducing acquisition prices of goods. A pool of buyers, which aggregates demand for its members, increases bargaining power and allows suppliers to achieve economies of scale and ...
Arvate, Paulo Roberto; Barbosa, Klênio; Gambardella, Dante
2013-12-05This paper studies the effects of generic drug’s entry on bidding behavior of drug suppliers in procurement auctions for pharmaceuticals, and the consequences on procurer’s price paid for drugs. Using an unique data set ...
Barbosa, Klênio; Moreira, Humberto Ataíde; Novaes, Walter
2017-02All things equal, interest rates should increase with the borrower's risk. And yet, Klapper, Laeven, and Rajan (2012) cannot find such a positive relation in a broad sample of trade credit contracts. We shed some light on ...
Performance-based compensation vs. guaranteed compensation: contractual incentives and performance Barbosa, Klênio; Bucione, André Alvares Leite; Souza, André Portela Fernandes de
2013-12-05Top management from retail banks must delegate authority to lower-level managers to operate branches and service centers. Doing so, they must navigate through conflicts of interest, asymmetric information and limited ...