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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Bibliographic Details
Main Author: Paolo Angelini
Format: Article
Language:Italian
Published: Associazione Economia civile 2018-06-01
Series:Moneta e Credito
Subjects:
Online Access:https://ojs.uniroma1.it/index.php/monetaecredito/article/view/14367/14068