Series: IMF Working Papers
Author(s): Mwanza Nkusu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2011
Keywords: macrofinancial linkages, nonperforming loans, business fluctuations, banking, macroeconomic performance, banking crises, macroeconomic variables, banks ? balance sheets, Financial Markets and the Macroeconomy,
We analyze the link between nonperforming loans (NPL) and macroeconomic performance using two complementary approaches. First, we investigate the macroeconomic determinants of NPL in panel regressions and confirm t...