López-Espinosa, Germán; Moreno, Antonio; Gracia, … - School of Economics and Business Administration, … - 2011
This paper re-examines the determinants of Net Interest Margin (NIM) in the banking industries of 15 developed and emerging economies. It presents three main contributions with respect to previous studies: first, we analyze the determinants of NIM in the years leading to the 2008 financial...