Study on role of financial system in economic growth is awarded by Febraban
Professor Benjamin Tabak of FGV’s School of Public Policy and Government (EPPG) is among the winners of the INFI-Febraban Banking Economy award, for the second year in a row. This time, the professor was awarded for the study “Growth, Finance and Innovation in a Connected World”, co-authored with Thiago Christiano Silva, which took second place.
The paper contributes to the discussion on the role of the financial system in the economic growth of Brazilian municipalities, using an innovative methodology. The study dealt with the impact of funding for innovation, using a rich database drawn from Credit Information System (SCR) files at a municipal level.
“The award contributes to the recognition of theoretical and applied research carried out by professors of Fundação Getulio Vargas’s Schools of Public Policies and Government”, said professor Tabak, who last year was the big winner with the study “Fiscal Risk and Financial Fragility”.
Created in 2009, the INFI-Febraban Banking Economy Award promotes debate on the Brazilian banking economy, raising important questions about the national financial system. Go to the website for more information.