Demetriades, Panicos; Fielding, David - Department of Economics, Leicester University - 2009
alleviate excess liquidity, and the factors that promote or retard the rate of growth of banks’ assets. Loan default rates in … the region are high, and variations in the rate impact on liquidity and asset growth. However, the size of this effect is … very sensitive to bank age. Some types of improvement in the quality of governance reduce excess liquidity and promote …