Lee, Junkyu; Rosenkranz, Peter - 2019
model, we assess the determinants of the evolution of bankspecific NPLs in Asia and find that macroeconomic conditions and … bank-specific factors - such as rapid credit growth and excessive bank lending - contribute to the buildup of NPLs. Further …, a panel vector autoregression analysis of macrofinancial implications of NPLs in emerging Asia offers significant …