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Disentangling the transmission channel NPLs-cost of capital-lending supply
(Routledge, 2018)
info:eu-repo/semantics/article,
This paper analyses the effects of non-performing loans (NPLs) on the cost of capital, and on lending and liquidity supply, for a sample of 225 Eurozone banks over the period 2002Q1-2016Q4. Our results demonstrate that ...