Series: IMF Working Papers
Author(s): Nir Klein
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 20 March 2013
Keywords: Macrofinancial linkages, credit growth, feedback effects, inflation, banking, banking system, return on equity, Financial Markets and the Macroeconomy, feedback effects.,
The paper investigates the non-performing loans (NPLs) in Central, Eastern and South-Eastern Europe (CESEE) in the period of 1998–2011. The paper finds that the level of NPLs can be attributed to both macroe...