Macroeconomic determinants of non-performing loans:an application to the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F13%3A86084300" target="_blank" >RIV/61989100:27510/13:86084300 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Macroeconomic determinants of non-performing loans:an application to the Czech Republic
Original language description
The last financial crisis, as the former crises, highlighted the need of wider regulation and supervision framework of financial system. Correct risk management in financial sector (including credit risk management) as a part of regulation and supervision framework helps to promote economic growth. The goal of this paper is to identify macroeconomic risk factors affecting the development of the non-performing loans (NPLs) in the Czech Republic. The causality of mutual relations of NPLs and their determinants is described in a theoretical way. Subsequently the most important macroeconomic factors influencing the NPLs dynamics are identified using the vector autoregressive model. The empirical results confirm a strong dependence of NPLs on the economic cycle and on the factors determining the external economic relations of the Czech Republic which is a small open economy.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
<a href="/en/project/EE2.3.30.0016" target="_blank" >EE2.3.30.0016: Opportunities for young researchers</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach
Others
Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Hradecké ekonomické dny 2013 : ekonomický rozvoj a management regionů : mezinárodní vědecká konference. Díl III
ISBN
978-80-7435-251-5
ISSN
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e-ISSN
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Number of pages
509
Pages from-to
241-251
Publisher name
Gaudeamus
Place of publication
Hradec Králové
Event location
Hradec Králové
Event date
Feb 19, 2013
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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