Di Febo, Elisa; Angelini, Eliana - In: Risks : open access journal 10 (2022) 2, pp. 1-17
China has accelerated its banking sector reform in recent years, paying particular attention to non-performing loans (NPLs). The paper's scope is to analyse the relationship between NPLs and macroeconomic variables in China using quarterly data from 2008/Q1 to 2021/Q1 applying wavelet analysis,...