{"id":"https://openalex.org/W2002169993","doi":"https://doi.org/10.2298/pan1402193m","title":"Determinants of non-performing loans: The case of Eurozone","display_name":"Determinants of non-performing loans: The case of Eurozone","publication_year":2014,"publication_date":"2014-01-01","ids":{"openalex":"https://openalex.org/W2002169993","doi":"https://doi.org/10.2298/pan1402193m","mag":"2002169993"},"language":"en","primary_location":{"id":"doi:10.2298/pan1402193m","doi":"https://doi.org/10.2298/pan1402193m","is_oa":true,"landing_page_url":"https://doi.org/10.2298/pan1402193m","pdf_url":"http://www.doiserbia.nb.rs/ft.aspx?id=1452-595X1402193M","source":{"id":"https://openalex.org/S147126554","display_name":"Panoeconomicus","issn_l":"1452-595X","issn":["1452-595X","2217-2386"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["anvur-scientific","cwts-core","ddh","doaj","jufo-1","norway-1","poland-70","russia-white-list-3"],"host_organization":"https://openalex.org/P4310321507","host_organization_name":"Economists' Association of Vojvodina","host_organization_lineage":["https://openalex.org/P4310321507"],"host_organization_lineage_names":["Economists' Association of Vojvodina"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Panoeconomicus","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"http://www.doiserbia.nb.rs/ft.aspx?id=1452-595X1402193M","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5013022890","display_name":"Vasiliki Makri","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I174878644","display_name":"University of Patras","ror":"https://ror.org/017wvtq80","country_code":"GR","type":"education","lineage":["https://openalex.org/I174878644"]}],"countries":["GR"],"is_corresponding":false,"raw_author_name":"Vasiliki Makri","raw_affiliation_strings":["Department of Business Administration, University of Patras, Greece"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Business Administration, University of Patras, Greece","institution_ids":["https://openalex.org/I174878644"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5065993192","display_name":"Athanasios G. Tsagkanos","orcid":"https://orcid.org/0000-0002-0609-7312","observed_orcids":["https://orcid.org/0000-0002-0609-7312"]},"institutions":[{"id":"https://openalex.org/I174878644","display_name":"University of Patras","ror":"https://ror.org/017wvtq80","country_code":"GR","type":"education","lineage":["https://openalex.org/I174878644"]}],"countries":["GR"],"is_corresponding":false,"raw_author_name":"Athanasios Tsagkanos","raw_affiliation_strings":["Department of Business Administration, University of Patras, Greece"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Business Administration, University of Patras, Greece","institution_ids":["https://openalex.org/I174878644"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5045904564","display_name":"Athanasios Bellas","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I174878644","display_name":"University of Patras","ror":"https://ror.org/017wvtq80","country_code":"GR","type":"education","lineage":["https://openalex.org/I174878644"]}],"countries":["GR"],"is_corresponding":false,"raw_author_name":"Athanasios Bellas","raw_affiliation_strings":["Department of Business Administration, University of Patras, Greece"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Business Administration, University of Patras, Greece","institution_ids":["https://openalex.org/I174878644"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I174878644"],"apc_list":null,"apc_paid":null,"fwci":29.9056,"has_fulltext":true,"cited_by_count":537,"citation_normalized_percentile":{"value":0.99625497,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":96,"max":100},"biblio":{"volume":"61","issue":"2","first_page":"193","last_page":"206"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9932000041007996,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9932000041007996,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14183","display_name":"Banking Sector Performance and Management","score":0.0038999998942017555,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14419","display_name":"Banking Systems and Strategies","score":0.0005000000237487257,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/non-performing-loans","display_name":"non-performing loans","score":1.0},{"id":"https://openalex.org/keywords/determinants-of-npl","display_name":"determinants of NPL","score":0.753000020980835},{"id":"https://openalex.org/keywords/bank-credit-risk","display_name":"bank credit risk","score":0.4650000035762787},{"id":"https://openalex.org/keywords/public-debt","display_name":"public debt","score":0.8080000281333923},{"id":"https://openalex.org/keywords/unemployment","display_name":"unemployment","score":0.9869999885559082},{"id":"https://openalex.org/keywords/gdp-growth","display_name":"GDP growth","score":0.7110000252723694},{"id":"https://openalex.org/keywords/loan-to-deposit-ratio","display_name":"loan to deposit ratio","score":0.8790000081062317},{"id":"https://openalex.org/keywords/return-on-equity","display_name":"return on equity","score":0.8999999761581421},{"id":"https://openalex.org/keywords/capital-adequacy-ratio","display_name":"capital adequacy ratio","score":0.8629999756813049},{"id":"https://openalex.org/keywords/return-on-assets","display_name":"return on assets","score":0.6660000085830688},{"id":"https://openalex.org/keywords/financial-crises","display_name":"financial crisis","score":0.492000013589859}],"concepts":[{"id":"https://openalex.org/C71387314","wikidata":"https://www.wikidata.org/wiki/Q494128","display_name":"Non-performing loan","level":3,"score":0.7639827728271484},{"id":"https://openalex.org/C155530773","wikidata":"https://www.wikidata.org/wiki/Q591174","display_name":"Return on equity","level":3,"score":0.6123932003974915},{"id":"https://openalex.org/C114350782","wikidata":"https://www.wikidata.org/wiki/Q12638","display_name":"Gross domestic product","level":2,"score":0.5871427655220032},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5632268786430359},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5534934997558594},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.5376331806182861},{"id":"https://openalex.org/C2994488168","wikidata":"https://www.wikidata.org/wiki/Q41171","display_name":"Unemployment rate","level":3,"score":0.49390822649002075},{"id":"https://openalex.org/C195742910","wikidata":"https://www.wikidata.org/wiki/Q176494","display_name":"Recession","level":2,"score":0.45320868492126465},{"id":"https://openalex.org/C16969640","wikidata":"https://www.wikidata.org/wiki/Q1070805","display_name":"Capital adequacy ratio","level":3,"score":0.4512644112110138},{"id":"https://openalex.org/C181683161","wikidata":"https://www.wikidata.org/wiki/Q7301159","display_name":"Real gross domestic product","level":2,"score":0.4434427320957184},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.43576762080192566},{"id":"https://openalex.org/C185669311","wikidata":"https://www.wikidata.org/wiki/Q1163221","display_name":"Return on assets","level":3,"score":0.43354532122612},{"id":"https://openalex.org/C74153512","wikidata":"https://www.wikidata.org/wiki/Q167064","display_name":"Debt-to-equity ratio","level":4,"score":0.4217020571231842},{"id":"https://openalex.org/C2778126366","wikidata":"https://www.wikidata.org/wiki/Q41171","display_name":"Unemployment","level":2,"score":0.41735243797302246},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.41159236431121826},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.32228225469589233},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.20932269096374512},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1940934658050537},{"id":"https://openalex.org/C2777764128","wikidata":"https://www.wikidata.org/wiki/Q189539","display_name":"Loan","level":2,"score":0.17226839065551758},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.11153021454811096},{"id":"https://openalex.org/C2908647359","wikidata":"https://www.wikidata.org/wiki/Q2625603","display_name":"Population","level":2,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.0},{"id":"https://openalex.org/C149923435","wikidata":"https://www.wikidata.org/wiki/Q37732","display_name":"Demography","level":1,"score":0.0},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C100363876","wikidata":"https://www.wikidata.org/wiki/Q690661","display_name":"Nonprobability sampling","level":3,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.2298/pan1402193m","doi":"https://doi.org/10.2298/pan1402193m","is_oa":true,"landing_page_url":"https://doi.org/10.2298/pan1402193m","pdf_url":"http://www.doiserbia.nb.rs/ft.aspx?id=1452-595X1402193M","source":{"id":"https://openalex.org/S147126554","display_name":"Panoeconomicus","issn_l":"1452-595X","issn":["1452-595X","2217-2386"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["anvur-scientific","cwts-core","ddh","doaj","jufo-1","norway-1","poland-70","russia-white-list-3"],"host_organization":"https://openalex.org/P4310321507","host_organization_name":"Economists' Association of Vojvodina","host_organization_lineage":["https://openalex.org/P4310321507"],"host_organization_lineage_names":["Economists' Association of Vojvodina"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Panoeconomicus","raw_type":"journal-article"},{"id":"mag:3121327406","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2411932","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"pmh:oai:RePEc:voj:journl:v:61:y:2014:i:2:p:193-206:id:72","doi":null,"is_oa":false,"landing_page_url":"https://panoeconomicus.org/index.php/jorunal/article/view/72/67","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:doaj.org/article:da9b6625f93b4e4ea57db0f2cad547fb","doi":null,"is_oa":true,"landing_page_url":"https://doaj.org/article/da9b6625f93b4e4ea57db0f2cad547fb","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Panoeconomicus, Vol 61, Iss 2, Pp 193-206 (2014)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.2298/pan1402193m","doi":"https://doi.org/10.2298/pan1402193m","is_oa":true,"landing_page_url":"https://doi.org/10.2298/pan1402193m","pdf_url":"http://www.doiserbia.nb.rs/ft.aspx?id=1452-595X1402193M","source":{"id":"https://openalex.org/S147126554","display_name":"Panoeconomicus","issn_l":"1452-595X","issn":["1452-595X","2217-2386"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["anvur-scientific","cwts-core","ddh","doaj","jufo-1","norway-1","poland-70","russia-white-list-3"],"host_organization":"https://openalex.org/P4310321507","host_organization_name":"Economists' Association of Vojvodina","host_organization_lineage":["https://openalex.org/P4310321507"],"host_organization_lineage_names":["Economists' Association of Vojvodina"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Panoeconomicus","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.7257999777793884,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2002169993.pdf","grobid_xml":"https://content.openalex.org/works/W2002169993.grobid-xml"},"referenced_works_count":34,"referenced_works":["https://openalex.org/W1493696304","https://openalex.org/W1497511482","https://openalex.org/W1498076685","https://openalex.org/W1518321276","https://openalex.org/W1520529735","https://openalex.org/W1541546003","https://openalex.org/W1563428133","https://openalex.org/W1965932263","https://openalex.org/W1992074339","https://openalex.org/W2025610165","https://openalex.org/W2027347945","https://openalex.org/W2044320449","https://openalex.org/W2048855483","https://openalex.org/W2051517186","https://openalex.org/W2085860749","https://openalex.org/W2099643628","https://openalex.org/W2112423158","https://openalex.org/W2114668648","https://openalex.org/W2115852252","https://openalex.org/W2147455979","https://openalex.org/W2150059822","https://openalex.org/W2162487884","https://openalex.org/W2953803312","https://openalex.org/W2954751151","https://openalex.org/W3004583880","https://openalex.org/W3121296254","https://openalex.org/W3122006740","https://openalex.org/W3122861456","https://openalex.org/W3123073540","https://openalex.org/W3123894107","https://openalex.org/W3125948480","https://openalex.org/W3137828226","https://openalex.org/W4302603203","https://openalex.org/W6677149070"],"related_works":["https://openalex.org/W2065324794","https://openalex.org/W3081974985","https://openalex.org/W130689485","https://openalex.org/W3123451444","https://openalex.org/W7020682258","https://openalex.org/W4403683433","https://openalex.org/W3193988096","https://openalex.org/W4313129192","https://openalex.org/W4401819753","https://openalex.org/W3216854424"],"abstract_inverted_index":{"The":[0],"purpose":[1],"of":[2,17,29,40,50,54,66,74,119,129,132],"the":[3,9,12,22,27,30,38,48,51,133],"present":[4],"study":[5],"is":[6,36],"to":[7,83],"identify":[8],"factors":[10,95],"affecting":[11],"non-performing":[13],"loans":[14,82,131],"rate":[15,65,118,128],"(NPL)":[16],"Eurozone?s":[18],"banking":[19,52],"systems":[20,53],"for":[21],"period":[23],"2000-2008,":[24],"just":[25],"before":[26],"beginning":[28],"recession.":[31],"In":[32],"our":[33,102],"days,":[34],"Eurozone":[35],"in":[37],"middle":[39],"an":[41],"unprecedented":[42],"financial":[43],"crisis,":[44],"calling":[45],"into":[46],"question":[47],"soundness":[49],"European":[55],"countries.":[56],"Looking":[57],"at":[58],"both":[59],"macro-variables":[60],"(e.g.":[61,81],"annual":[62,115],"percentage":[63,116],"growth":[64,117],"gross":[67,75,120],"domestic":[68,76,121],"product,":[69,77],"public":[70],"debt":[71],"as":[72],"%":[73],"unemployment)":[78],"and":[79,109,123,136],"micro-variables":[80],"deposits":[84],"ratio,":[85,127],"return":[86,89,137],"on":[87,90,98,138],"assets,":[88],"equity),":[91],"we":[92],"investigate":[93],"which":[94],"determine":[96],"NPL":[97,108],"aggregate":[99],"level.":[100],"Overall,":[101],"findings":[103],"reveal":[104],"strong":[105],"correlations":[106],"between":[107],"various":[110],"macroeconomic":[111],"(public":[112],"debt,":[113],"unemployment,":[114],"product)":[122],"bank-specific":[124],"(capital":[125],"adequacy":[126],"nonperforming":[130],"previous":[134],"year":[135],"equity)":[139],"factors.":[140]},"counts_by_year":[{"year":2026,"cited_by_count":48},{"year":2025,"cited_by_count":59},{"year":2024,"cited_by_count":53},{"year":2023,"cited_by_count":66},{"year":2022,"cited_by_count":60},{"year":2021,"cited_by_count":56},{"year":2020,"cited_by_count":55},{"year":2019,"cited_by_count":48},{"year":2018,"cited_by_count":40},{"year":2017,"cited_by_count":17},{"year":2016,"cited_by_count":23},{"year":2015,"cited_by_count":9},{"year":2014,"cited_by_count":3}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}