The overheating of five EU new member states and cyclicality of systemic risk in the banking sector

Rapid credit growth has been one of the most pervasive developments in recent years in Central and Eastern Europe. We tested for the significance of macroeconomic and banking sector variables that condition non‐performing loan ratios and the hypothesis of procyclicality between economic activity an...

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Bibliographic Details
Main Authors: Mejra Festić, Sebastijan Repina, Alenka Kavkler
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2009-09-01
Series:Journal of Business Economics and Management
Subjects:
Online Access:https://journals.vgtu.lt/index.php/JBEM/article/view/6234