Impact of Macroeconomic Determinants on Non-performing Loans in Central and Eastern European Countries

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F14%3A%230002859" target="_blank" >RIV/47813059:19520/14:#0002859 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Impact of Macroeconomic Determinants on Non-performing Loans in Central and Eastern European Countries
Original language description
The aim of the paper is to examine and quantify impact of macroeconomic determinants on non-performing loans (NPLs) in selected Central and Eastern European countries in a period 2000-2013. The empirical evidence is performed on aggregate annual, country-level data from Eurostat and Helgi database for 11 CEE countries: Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia. Next variables are used in the analysis: GDP growth, unemployment rate, inflation rate, budget balance to GDP and debt to GDP. Panel regression with fixed effects analysis identified statistically significant impact of unemployment, GDP growth and a crisis on NPLs. Change of unemployment is the most important macroeconomic factor for NPLs changes as an increase of unemployment rate by 1 percentage point is associated with an increase of NPL ratio by 0.64 percentage point. Next, an increase of GDP growth rate by 1 percentage point leads to a decrease of NPLs by
Czech name
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Czech description
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Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedengs of the 8th International Conference on Currency, Banking and International Finance
ISBN
978-80-225-4034-6
ISSN
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e-ISSN
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Number of pages
12
Pages from-to
389-400
Publisher name
Ekonóm
Place of publication
Bratislava
Event location
Ekonomická univerzita v Bratislavě
Event date
Sep 10, 2014
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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