potential macrofinancial feedback effects, and the implications for financial stability in the region. Using a dynamic panel … 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 …

the macroeconomic and bank-specific determinants of NPLs for a panel of 27 banks from the Baltics using annual data for …This study analyses the linkages between macroeconomic and bank-specific determinants of non-performing loans (NPLs … private sector. As for the bank-specific determinants, we found that the equity to total assets ratio, return on assets, the …

variables and the macroeconomy by estimating a panel Bayesian VAR model for twelve euro area countries. The model is estimated … change in NPL ratios tends to depress bank lending volumes, widens bank lending spreads and leads to a fall in real GDP …

macroeconomy by estimating a panel Bayesian VAR model for twelve euro area countries. The main findings are as follows: i) An … impulse response analysis shows that an exogenous increase in the change in NPL ratios tends to depress bank lending volumes …, widens bank lending spreads and leads to a fall in real GDP growth and residential real estate prices; ii) A forecast error …