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Autor:
Mejra Festiæ, Sebastijan Repina
Publikováno v:
Finance a uver - Czech Journal of Economics and Finance. 59(6):554-576
The authors test the hypothesis of procyclicality of banking sector results in the Baltic economies. Their estimates suggest that a slowdown in economic activity is likely to accelerate the growth of the nonperforming loan (NPL) ratio in the Baltics.