The asymmetric effect of oil price fluctuation on non-performing loans in Kazakhstan: evidence from the ricardian curse of the resource boom
This paper investigates the asymmetric impact of oil price fluctuations on non-performing loans (NPLs) between 2009-Q1 and 2020-Q1 for 28 banks in Kazakhstan. Dynamic panel threshold analysis revealed an initial increase of oil prices, improving creditworthiness, thereby reducing NPLs; however, afte...
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| Format: | Artykuł |
| Wydane: |
Taylor and Francis
2022
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