Joint research unit 7235

The impact of insolvency regime on non-performing loans: a new use of transparency exercise data

Speaker :Mathilde Defouleur (Université Paris Saclay)

Auteurs : Jean-Charles Bricongne, Mathilde Dufouleur

Discutants: Elena Dumitrescu (sénior) et Pablo Aguilar Perez (junior)

Abstract:

This paper sheds new light on law and finance in the post-crisis period by studying the impact of insolvency regimes on non-performing loans. Using a novel database on European transparency exercise data over 2015-2020, our results, based on fixed effects panel specifications, provide an innovative view of the impact of economic and institutional factors on the quality of banks’ loan portfolios. They confirm and capture more precisely the influence of economic cycle indicators like the GDP growth rate and unemployment and shed new light on the importance of the insolvency framework in discussions about loan quality. Unlike prior studies, the specification used, which varies destination at bank level, makes it possible to disentangle the impact of macro factors, institutional quality and bank characteristics. The impact of insolvency regimes, is found to be favourable for bank non-performing loans and, more broadly, for financial stability.

AGENDA

Thursday 8 December 2022

Lunch

Georges Prat

12h - 13h, salle 110

Modeling ex-ante risk premiums in the oil market

Thursday 8 December 2022

Modeling ex-ante risk premiums in the oil market

Georges Prat

12h - 13h, salle 110

Modeling ex-ante risk premiums in the oil market

Monday 12 December 2022

Unemployment Insurance Eligibility and Employment Duration

Clément Brébion (Copenhagen BS)

En salle 614 et en distanciel

Unemployment Insurance Eligibility and Employment Duration

Monday 12 December 2022

Law, Institutions and Economics in Nanterre (LIEN)

Clément Brébion (Copenhagen BS)

En salle 614 et en distanciel

Unemployment Insurance Eligibility and Employment Duration

Tuesday 13 December 2022

Riding together: eliciting travelers’ preferences for long-distance carpooling

Nicolas Astier (Paris School of Economics)

16h-17h

Riding together: eliciting travelers’ preferences for long-distance carpooling

Tuesday 13 December 2022

Développement Durable Environnement et Energie (DDEE)

Nicolas Astier (Paris School of Economics)

16h-17h

Riding together: eliciting travelers’ preferences for long-distance carpooling

Wednesday 14 December 2022

Économies du monde musulman

Mohamed Touati Tliba (École Supérieure de Commerce, Alger)

The scientific wealth of nations with special reference to MENA region: a cross-country productivity analysis of academic research

Wednesday 14 December 2022

The scientific wealth of nations with special reference to MENA region: a cross-country productivity analysis of academic research

Mohamed Touati Tliba (École Supérieure de Commerce, Alger)

The scientific wealth of nations with special reference to MENA region: a cross-country productivity analysis of academic research

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