CHIRIACESCU, Bogdan; TĂTĂRICI, Luminița; VIŞAN, Cristina - In: Theoretical and Applied Economics XVIII(2012) (2012) 5(570), pp. 137-144
This paper presents a framework for credit risk modeling of the household sector that follows a top-down approach using panel techniques. The results indicate that the determinants of default on bank loans are unemployment, exchange rate, industrial production, indebtedness and interest rate...