, both in- and out-of-sample. The shock exposures are thus a stock-selection device for international portfolio …

We combine some newly developed panel co-integration techniques and common factor analysis to analyze the behavior of …

between different macroeconomic aggregates and loan portfolio quality in a multivariate framework as well as through a panel … vector autoregressive method that controls for bank-level characteristics. Using a panel of banks over 1993-2010, the authors … find that a positive shock to capital inflows and growth in gross domestic product improves banks’ loan portfolio quality …

founded dynamic panel data models are estimated and find nonlinear effects of capital on loan growth: the response of weaker …

from 1993 to 2012. The paper uses a panel structural VAR approach which accounts for the heterogeneity of the dynamic state …

negative credit supply shock applied to SMEs has an adverse effect on economic activity, and this impact is amplified in …

housing credit) to economic growth in emerging market economies (EMs). Using cross-country panel regressions, we find … cross-country panel regressions …