What If the New Normal Included Using Payment Data to Support Under-Documented Firms?: A Central Bank Experience During COVID-19

4 Pages Posted: 17 Nov 2020

See all articles by Daniel Gersten Reiss

Daniel Gersten Reiss

Central Bank of Brazil

João Manoel Pinho de Mello

Insper Institute of Education and Research

Date Written: October 20, 2020

Abstract

Obtaining credit by micro, small, and medium-sized enterprises (MSME) is typically hampered by a lack of supporting documents. Here, we report the use of payment oversight data to fill up this gap during COVID-19 countermeasures and suggest that central banks' supervisory information may help achieve competition or inclusiveness goals.

Keywords: MSME, credit constraint, central bank, payment oversight, Peac-Maquininhas

JEL Classification: G21, H81, E58

Suggested Citation

Reiss, Daniel Gersten and Pinho de Mello, João Manoel, What If the New Normal Included Using Payment Data to Support Under-Documented Firms?: A Central Bank Experience During COVID-19 (October 20, 2020). Available at SSRN: https://ssrn.com/abstract=3716415 or http://dx.doi.org/10.2139/ssrn.3716415

Daniel Gersten Reiss (Contact Author)

Central Bank of Brazil ( email )

P.O. Box 08670
SBS Quadra 3 Bloco B - Edificio-Sede
Brasilia, Distr. Federal 70074-900
Brazil

João Manoel Pinho de Mello

Insper Institute of Education and Research ( email )

R Quata 300
Sao Paulo, 04542-030
Brazil

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
47
Abstract Views
825
PlumX Metrics