Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/77089 
Erscheinungsjahr: 
2013
Schriftenreihe/Nr.: 
DIW Discussion Papers No. 1309
Verlag: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Zusammenfassung: 
This paper analyses macroeconomic and financial determinants of bad loans applying a SVAR approach to investigate whether excessive loans granted during expansionary phases can explain the more than proportional increase in non-performing loans during contractionary periods. The results indicate that the effects of a permanent shock to bad loans on the excess of credit are significant and persistent for bad loans to firms, but not for bad loans to households or in the case of Cooperative Credit Banks, who adopt more efficient lending policies.
Schlagwörter: 
loan losses
macroeconomic determinants
Italian banking system
SVAR
JEL: 
E44
G01
G21
C22
Dokumentart: 
Working Paper

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