Domestic Arrears and Financial Stability: The Role of Institutional Factors

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research 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

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.