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Year 2016, Volume: 6 Issue: 4, 1937 - 1944, 01.09.2016

Abstract

Effect of Macroeconomic Factors on Credit Risk of Banks in Developed and Developing Countries: Dynamic Panel Method

Year 2016, Volume: 6 Issue: 4, 1937 - 1944, 01.09.2016

Abstract

Globalization phenomenon provided a suitable environment with new opportunities for investment in various countries. In this way, the issue of credit risk of countries and rankings of international ranking institutions has become more important. Owing to the fact that using values and numbers and quantization of the measured variables in evaluation of the risk of countries is considered as an appropriate tool for analysis of the economic status of each country. In this paper, it is tried to explore the economic conditions and the effect of macroeconomic variables on the credit risk of developed and developing countries. The model presented in this work can help managers of countries in economic and financial decisions of countries to prevent increase in credit risk and improvement of the credit. For this end, 14 countries in developed and developing countries were selected (developing: Iran, Brazil, Turkey, South Africa, china, Russia and India, developed countries: USA, GBK, Germany, France, Japan, Canada, Switzerland). Results of research revealed that credit risk of the past with regression coefficient as much as 1.174 has the highest contribution to the credit risk of the current period. Furthermore, results implied to the positive and significant effect of development on credit risk of countries.

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Details

Other ID JA38KP96SG
Journal Section Research Article
Authors

Azar Ghyasi This is me

Publication Date September 1, 2016
Published in Issue Year 2016 Volume: 6 Issue: 4

Cite

APA Ghyasi, A. (2016). Effect of Macroeconomic Factors on Credit Risk of Banks in Developed and Developing Countries: Dynamic Panel Method. International Journal of Economics and Financial Issues, 6(4), 1937-1944.
AMA Ghyasi A. Effect of Macroeconomic Factors on Credit Risk of Banks in Developed and Developing Countries: Dynamic Panel Method. IJEFI. September 2016;6(4):1937-1944.
Chicago Ghyasi, Azar. “Effect of Macroeconomic Factors on Credit Risk of Banks in Developed and Developing Countries: Dynamic Panel Method”. International Journal of Economics and Financial Issues 6, no. 4 (September 2016): 1937-44.
EndNote Ghyasi A (September 1, 2016) Effect of Macroeconomic Factors on Credit Risk of Banks in Developed and Developing Countries: Dynamic Panel Method. International Journal of Economics and Financial Issues 6 4 1937–1944.
IEEE A. Ghyasi, “Effect of Macroeconomic Factors on Credit Risk of Banks in Developed and Developing Countries: Dynamic Panel Method”, IJEFI, vol. 6, no. 4, pp. 1937–1944, 2016.
ISNAD Ghyasi, Azar. “Effect of Macroeconomic Factors on Credit Risk of Banks in Developed and Developing Countries: Dynamic Panel Method”. International Journal of Economics and Financial Issues 6/4 (September 2016), 1937-1944.
JAMA Ghyasi A. Effect of Macroeconomic Factors on Credit Risk of Banks in Developed and Developing Countries: Dynamic Panel Method. IJEFI. 2016;6:1937–1944.
MLA Ghyasi, Azar. “Effect of Macroeconomic Factors on Credit Risk of Banks in Developed and Developing Countries: Dynamic Panel Method”. International Journal of Economics and Financial Issues, vol. 6, no. 4, 2016, pp. 1937-44.
Vancouver Ghyasi A. Effect of Macroeconomic Factors on Credit Risk of Banks in Developed and Developing Countries: Dynamic Panel Method. IJEFI. 2016;6(4):1937-44.