Bebczuk, Ricardo; Sangiácomo, Máximo - In: Ensayos Económicos 1 (2008) 51, pp. 83-121
Non-performing loans are an extremely relevant issue for central banks and for economic policy in general, as bank solvency and overall financial stability rely on the ability and willingness of borrowers to repay their debts. Based on annual information covering 1998-2005 from the credit bureau...