It takes the average reader and 28 minutes to read Nonperforming Loans and Macrofinancial Vulnerabilities in Advanced Economies by Ms.Mwanza Nkusu
Assuming a reading speed of 250 words per minute. Learn more
We analyze the link between nonperforming loans (NPL) and macroeconomic performance using two complementary approaches. First, we investigate the macroeconomic determinants of NPL in panel regressions and confirm that adverse macroeconomic developments are associated with rising NPL. Second, we investigate the feedback between NPL and its macroeconomic determinants in a panel vector autoregressive (PVAR) model. The impulse response functions (IRFs) attribute to NPL a central role in the linkages between credit market frictions and macrofinancial vulnerability. They suggest that a sharp increase in NPL triggers long-lived tailwinds that cripple macroeconomic performance from several fronts.
Nonperforming Loans and Macrofinancial Vulnerabilities in Advanced Economies by Ms.Mwanza Nkusu is 28 pages long, and a total of 7,224 words.
This makes it 9% the length of the average book. It also has 9% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 39 minutes to read Nonperforming Loans and Macrofinancial Vulnerabilities in Advanced Economies aloud.
Nonperforming Loans and Macrofinancial Vulnerabilities in Advanced Economies is suitable for students ages 8 and up.
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