| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 963633 | Journal of International Financial Markets, Institutions and Money | 2008 | 10 Pages |
Abstract
In this article, the relation between non-performing loans (NPL) of the Brazilian banking system and macroeconomic factors, systemic risk, and banking concentration is empirically tested. In evaluating this relation, we use a dynamic specification with fixed effects, while using a panel data approach. The empirical results suggest that the banking concentration has a statistically significant impact on NPL, suggesting that more concentrated banking systems may improve financial stability. These results are important for the design of banking regulation policies.
Related Topics
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Economics and Econometrics
Authors
E.J. Chang, S.M. Guerra, E.J.A. Lima, B.M. Tabak,