1.
PLoS One
; 13(1): e0191177, 2018.
Artigo
em Inglês
| MEDLINE
| ID: mdl-29315338
RESUMO
[This corrects the article DOI: 10.1371/journal.pone.0185257.].
2.
PLoS One
; 12(10): e0185257, 2017.
Artigo
em Inglês
| MEDLINE
| ID: mdl-28981532
RESUMO
We propose a diffusion process to describe the global dynamic evolution of credit operations at a national level given observed operations at a subnational level in a sovereign country. Empirical analysis with a unique dataset from Brazilian federate constituents supports the conclusions. Despite the heterogeneity observed in credit operations at a subnational level, the aggregated dynamics at a national level were accurately described by the proposed model. Results may guide management of public finances, particularly debt manager authorities in charge of reaching surplus targets.