Fallanca, Mariagrazia; Forgione, Antonio Fabio; … - In: Journal of risk and financial management : JRFM 14 (2021) 1/21, pp. 1-15
Several studies have explored the linkage between non-performing loans and major macroeconomic indicators, using a wide variety of methodologies, sometimes with different results. This occurs, we argue, because these relationships are generally derived in terms of correlation coefficients...
