the impact of real money supply on the nonperforming loans (case of iran)
عنوان مقاله: the impact of real money supply on the nonperforming loans (case of iran)
شناسه ملی مقاله: ACMFEP26_025
منتشر شده در ببیست و ششمین کنفرانس سالانه سیاستهای پولی و ارزی در سال 1395
شناسه ملی مقاله: ACMFEP26_025
منتشر شده در ببیست و ششمین کنفرانس سالانه سیاستهای پولی و ارزی در سال 1395
مشخصات نویسندگان مقاله:
mohammad valipour pasha - economist in banking department, monetary and banking research institute of the central bank of iran,
hossein bastanzad - economist in money and foreing exchange department, monetary and banking research instiute of the central bank of iran
خلاصه مقاله:
mohammad valipour pasha - economist in banking department, monetary and banking research institute of the central bank of iran,
hossein bastanzad - economist in money and foreing exchange department, monetary and banking research instiute of the central bank of iran
financal statements of nineteen matured banks have been patronizad in this paper to provide a quantile and panel date regression estimations to examine the impact of real money supply on the NPLs ration in tho iranian banking network. The impact of money supply on credit risk is staistically estimated for banking network via two directions. first, different quantiles are econmetrically calcualted, asesed and compared durig 2007-12. second, the panel data estimation is utilizaed in the same period. results indicate that the impact of real money supply on the banks NPLs in 25% , 50% and 75% of episodes are positive and significant. the coefficeints of the other variables including the ratio of bank loans to total deposite, banks. lonas total ratio, as well as constant GDP would be positively signifcant as well. the real interest rate has negatively - significantly driven NPLs. the banks NOLs are generally exacerbated by the impacti of higher real money supply given other conditions which is disproportionally minaly because of the inflationary transmission over the long run negative real interest rate in the money market and positive real retur in the assets market.
کلمات کلیدی: nonperforming loans, real money supply quntile regression, panel data
صفحه اختصاصی مقاله و دریافت فایل کامل: https://civilica.com/doc/827719/