George Assaf, A.; Matousek, Roman; Tsionas, Efthymios G. - In: Journal of Banking & Finance 37 (2013) 2, pp. 506-517
Non-Performing Loans (NPLs) for use in our model. Specifically, we introduce NPLs as a bad output in an input distance … function, and estimate a system of non-linear equations subject to endogeneity. We confirm that the productivity growth of …