Article ID Journal Published Year Pages File Type
5059864 Economics Letters 2012 4 Pages PDF
Abstract
► Banks' non-performing loans in 2009 are analysed with a cross-national sample and macroeconomic data. ► Mere credit growth before the crisis did not necessarily precede credit quality deterioration. ► A combination of a current account deficit and rapid credit growth seemed much more dangerous.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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External deficits and non-performing loans in the recent financial crisis
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