Non-performing loans, financial stability, and banking competition: evidence for listed and non-listed eurozone banks
| dc.contributor.author | Mansilla Fernández, José Manuel | |
| dc.contributor.department | Institute for Advanced Research in Business and Economics - INARBE | en |
| dc.date.accessioned | 2021-02-04T12:24:42Z | |
| dc.date.available | 2021-02-04T12:24:42Z | |
| dc.date.issued | 2020 | |
| dc.description.abstract | Este trabajo analiza los efectos de la morosidad crediticia y de la (in)estabilidad financiera sobre la competencia bancaria en los mercados de crédito de la zona euro. Los resultados sugieren que la morosidad bancaria incrementa el coste marginal y el grado de competencia de los mercados bancarios. Este fenómeno es económicamente más significativo para los bancos no cotizados que para los bancos cotizados. Los resultados son robustos a posibles problemas de endogeneidad derivados de la recesión económica y de la crisis de deuda soberana sobre el crecimiento de la morosidad. | es_ES |
| dc.description.abstract | This article analyses the effects of non-performing loans (NPLs hereafter) and financial (in)stability on banking competition in the Eurozone lending markets. Our results suggest that NPLs increase marginal costs and the degree of competition in banking markets. This phenomenon is economically more significant for non-listed than for listed banks. The results are robust to any endogeneity due to the impact of the economic downturn and the sovereign debt crisis on the growth of NPLs. | en |
| dc.format.extent | 24 p. | |
| dc.format.mimetype | application/pdf | en |
| dc.identifier.doi | 10.7866/hpe-rpe.20.1.2 | |
| dc.identifier.issn | 0210-1173 | |
| dc.identifier.uri | https://academica-e.unavarra.es/handle/2454/39139 | |
| dc.language.iso | eng | en |
| dc.publisher | Instituto de Estudios Fiscales | es_ES |
| dc.relation.ispartof | Hacienda Pública Española-Review of Public Economics, 2020, 232(1), 29-52 | es |
| dc.relation.publisherversion | https://doi.org/10.7866/hpe-rpe.20.1.2 | |
| dc.rights | © 2020, Instituto de Estudios Fiscales | es_ES |
| dc.rights.accessRights | info:eu-repo/semantics/openAccess | |
| dc.subject | Bancos cotizados | es_ES |
| dc.subject | Competencia bancaria | es_ES |
| dc.subject | Crisis financiera y bancaria | es_ES |
| dc.subject | Deuda soberana | es_ES |
| dc.subject | NPLs | es_ES |
| dc.subject | Bank competition | en |
| dc.subject | Banking and financial crisis | en |
| dc.subject | Listed banks | en |
| dc.subject | NPLs | en |
| dc.subject | Sovereign debt crisis | en |
| dc.title | Non-performing loans, financial stability, and banking competition: evidence for listed and non-listed eurozone banks | en |
| dc.type | info:eu-repo/semantics/article | |
| dc.type.version | info:eu-repo/semantics/publishedVersion | |
| dspace.entity.type | Publication | |
| relation.isAuthorOfPublication | 57a7f1f0-09e9-4cc8-946f-db1b26d295c8 | |
| relation.isAuthorOfPublication.latestForDiscovery | 57a7f1f0-09e9-4cc8-946f-db1b26d295c8 |