Domestic Arrears and Financial Stability: The Role of Institutional Factors

IF 1.1 Q3 ECONOMICS

Eastern Economic Journal Pub Date : 2021-07-22 DOI:10.1057/s41302-021-00195-7

William Godfred Cantah, William Gabriel Brafu-Insaidoo, Eric Amoo Bondzie

引用次数: 3

Abstract

This study examines the impact of government payment arrears accumulation on the stability of the banking industry, taking into account the role played by institutional quality in 17 selected SSA countries. The study employed a panel threshold regression model using data from World Bank and International Monetary Fund databases between 2005 and 2018. The key finding from the analysis indicates that arrears accumulation adversely affects banking sector stability, but with institutional quality, the effect is reduced. As a result, public policy should aim at clearing arrears and improving the quality of institutions.

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国内欠款与金融稳定:制度因素的作用

本研究考察了政府拖欠款项累积对银行业稳定性的影响，同时考虑了17个选定的SSA国家的制度质量所起的作用。该研究采用了面板阈值回归模型，使用了2005年至2018年世界银行和国际货币基金组织数据库的数据。分析的主要发现表明，欠款积累对银行业的稳定性产生不利影响，但随着制度质量的提高，这种影响会减弱。因此，公共政策的目标应是清理欠款和提高机构的质量。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Eastern Economic Journal ECONOMICS-

CiteScore

2.10

自引率

0.00%

发文量

期刊介绍： The Eastern Economic Journal, a quarterly publication of the Eastern Economic Association, was established in 1973. The EEJ publishes papers written from every perspective, in all areas of economics and is committed to free and open intellectual inquiry from diverse philosophical perspectives. It welcomes manuscripts that are methodological and philosophical as well as empirical and theoretical. Readability and general interest are major factors in publication decision.