不良贷款的治理问题:来自新兴市场的证据

IF 0.7 Q3 ECONOMICS PSL Quarterly Review Pub Date : 2021-06-07 DOI:10.13133/2037-3643/17486

Burak Byükoğlu, Ahmet Şit, I. Eksi

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引用次数: 1

摘要

本研究调查了摩根士丹利资本国际新兴国家不良贷款的新决定因素。为此，使用世界银行2002年至2018年的全球治理指标数据形成了一个新的指数。为了检验治理对不良贷款的影响，我们使用了GMM技术。作为GMM结果的稳健性测试，我们采用了DOLSMG技术。结果表明，不良贷款受到DOI:治理指数的负面影响。这一结果可能会作为宏观审慎政策工具引起决策者和监管机构的兴趣。JEL代码：C51；G21；G2关键词：不良贷款；全球治理指标

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Governance matters on non-performing loans: Evidence from emerging markets

In this study, new determinants of non-performing loans (NPL) for the MSCI emerging countries were investigated. For this purpose, a new index was formed using the World Bank’s Worldwide Governance Indicator data from 2002 to 2018. To test the effect of governance on NPL, we used the GMM technique. As a robustness test for GMM results, we employed the DOLSMG technique. According to the results, NPL was affected negatively by the DOI: governance index. This result could be of interest to policymakers and regulators as a macroprudential policy tool. JEL codes: C51; G21; G2 Keywords:Non-performing loans; Worldwide Governance Indicators

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