Dynamics of non-performing loans in the Turkish banking sector by an ownership breakdown: The impact of the global crisis
Vuslat Us (vuslat.us@tcmb.gov.tr)
Finance Research Letters, 2017, vol. 20, issue C, 109-117
Abstract:
This paper explores the impact of the global crisis on the dynamics of non-performing loans in the Turkish banking sector by ownership. Estimation results suggest that the crisis affected these dynamics differently across banks, which implies that policy implications are uneven. This has important consequences regarding the effectiveness of monetary and the macroprudential policy, which prompt policymakers to consider ownership in policy design. To enhance policy effectiveness, adding ownership-specific explanatory variables may enable better representation of the non-performing loan dynamics. A vintage loan analysis may also help by allowing policymakers to directly identify the loan type, which generates non-performing loans.
Keywords: Global crisis; Non-performing loans; Turkish banking sector; Ownership; Macroprudential policy (search for similar items in EconPapers)
JEL-codes: C23 E44 E52 G10 G21 (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (13)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612316301702
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:20:y:2017:i:c:p:109-117
DOI: 10.1016/j.frl.2016.09.016
Access Statistics for this article
Finance Research Letters is currently edited by R. Gençay
More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu (repec@elsevier.com).