Gli alti livelli di NPL indeboliscono la capacità delle banche di erogare credito?
It has recently been argued that high non-performing loan stocks can limit banks’ lending ability, and thus impair the effectiveness of monetary policy. The present article questions this claim and argues for a more nuanced view. It points to the lack of serious theoretical analysis of the relations...
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Format: | Article |
Language: | Italian |
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Associazione Economia civile
2018-06-01
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Series: | Moneta e Credito |
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Online Access: | https://ojs.uniroma1.it/index.php/monetaecredito/article/view/14367/14068 |