Gallas, Salma; Bouzgarrou, Houssam; Zayati, Montassar - In: Journal of central banking theory and practice 14 (2025) 2, pp. 121-149
This study provides a comparative analysis of European banking systems, focusing on how macroeconomic factors influence non-performing loans (NPLs) to evaluate bank credit risk from 2008 to 2022. Using the Cross-Sectional Autoregressive Distributed Lag (CS-ARDL) model, the research examines both...