Noth, Felix; Schüwer, Ulrich - 2018 - This version: April 2018
-performing assets ratios, higher foreclosure ratios, lower returns on assets, and lower bank equity ratios. The effects are economically … relevant and suggest that insurance payments and public aid programs do not sufficiently protect bank borrowers against … financial difficulties. We also find that the adverse effects on bank stability dissolve after some years if no further …