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The dynamics of non-performing loans during banking crises: a new database
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Titel: | The dynamics of non-performing loans during banking crises: a new database/ Anil Ari, Sophia Chen, Lev Ratnovski |
Format: | E-Book |
Sprache: | Englisch |
veröffentlicht: |
Frankfurt am Main, Germany
European Central Bank
[2020]
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Gesamtaufnahme: |
Europäische Zentralbank: Working paper series ; no 2395 (April 2020)
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Quelle: | Verbunddaten SWB Lizenzfreie Online-Ressourcen |
Zusammenfassung: | This paper presents a new dataset on the dynamics of non-performing loans (NPLs) during 88 banking crises since 1990. The data show similarities across crises during NPL build-ups but less so during NPL resolutions. We find a close relationship between NPL problems-elevated and unresolved NPLs-and the severity of post-crisis recessions. A machine learning approach identifies a set of pre-crisis predictors of NPL problems related to weak macroeconomic, institutional, corporate, and banking sector conditions. Our findings suggest that reducing pre-crisis vulnerabilities and promptly addressing NPL problems during a crisis are important for post-crisis output recovery. |
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Umfang: | 1 Online-Ressource (circa 64 Seiten); Illustrationen |
ISBN: |
9789289940382
9289940387 |
DOI: | 10.2866/174853 |