Focal Interest
Focal Interest

Balance sheet

  1. Fiscal contraction linked to lower NPLs in the long run
    Study shows fiscal consolidation reduces non-performing loans long-term but increases them temporarily, using bank data from Guyana. Oil prices and efficiency matter most.
  2. European banking crisis spread to Argentina through bank branches
    Analysis of how the 1931 European banking crisis spread to Argentina through European bank subsidiaries, reshaping understanding of Great Depression contagion to developing economies.