Love, Inessa; Ariss, Rima Turk - International Monetary Fund (IMF) - 2013
between different macroeconomic aggregates and loan portfolio quality in a multivariate framework as well as through a panel … find that a positive shock to capital inflows and growth in gross domestic product improves banks’ loan portfolio quality … contrast, higher lending rates may lead to adverse selection problems and hence to a drop in portfolio quality. The paper also …