INVESTIGATING THE INFLUENCE OF THE SHADOW ECONOMY ON NON-PERFORMING LOANS IN EUROPEAN ECONOMIES: A PANEL GMM ANALYSIS

In this paper, we use panel data containing all EU27 countries from the 2010 to 2022 period to investigate the impact exhibited by the shadow economy on the level of NPLs. Based on a Panel GMM approach we reveal a negative connection, indicating that Countries with larger informal sectors often...

Celý popis

Podrobná bibliografie

Hlavní autoři:	Cosmin Octavian CEPOI, Bogdan Andrei DUMITRESCU, Ionel LEONIDA
Médium:	Artigo
Jazyk:	Inglês
Vydáno:	“Victor Slăvescu” Centre for Financial and Monetary Research 2023-12-01
Edice:	Financial Studies
Témata:	credit portfolio quality inflation political stability informal economy difference gmm
On-line přístup:	http://fs.icfm.ro/Paper.03.FS4.2023.pdf
Tagy:	Přidat tag Žádné tagy, Buďte první, kdo vytvoří štítek k tomuto záznamu!