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...

Full description

Bibliographic Details
Main Authors: Chin, Lee, Saydaliev, Hayot Berk, Kadyrov, Shirali
Format: Article
Published: Taylor and Francis 2022