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Increased Uncertainty, Credit Supply, and Non-Performing Loans in the Eurozone
2020
Journal of Business Accounting and Finance Perspectives
This paper examines the role of economic uncertainty in the Eurozone countries by analyzing the credit supply and the evolution of non-performing loans following the 2008 global financial crisis. The discussion centers on how greater economic uncertainty restricts credit supply and increases the number of non-performing loans. Quarterly data for the Eurozone countries are studied for the period 2005 to 2016. To test the aforementioned hypothesis, an index of economic uncertainty for the
doi:10.35995/jbafp2010007
fatcat:uj3cyv3jjnh77mpyahbxwktcda