Kjosevski, Jordan and Petkovski, Mihail (2020) Macroeconomic and bank‑specific determinants of non‑performing loans: the case of baltic states. Empirica, 48. pp. 1009-1028.
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Abstract
This study examines selected macroeconomic and bank-specific determinants of
non-performing loans (NPLR) for a panel of 21commercial banks from the Baltics
States (Estonia, Latvia and Lithuania), using annual data for the period 2005–2016.
To avoid the risk of providing unconsistent and biased results by using only one estimation
technique, in our study we implemented three alternative estimation models
(fixed- effects model, difference Generalized Method of Moments and system
Generalized Method of Moments). Empirical results provide evidence that the most
important macroeconomic factors influencing NPLR are growth of GDP, public
debt, inflation and unemployment. As for the bank-specific determinants, we found
that equity to total assets ratio, return on assets, return on equity and growth of gross
loans have an impact on the amount of NPLR.
| Item Type: | Article |
|---|---|
| Subjects: | Scientific Fields (Frascati) > Social Sciences > Economics and Business |
| Depositing User: | UKLO Mrezha |
| Date Deposited: | 27 May 2024 06:05 |
| Last Modified: | 27 May 2024 06:05 |
| URI: | https://eprints.uklo.edu.mk/id/eprint/9980 |
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