Financial Stability and Innovation: The Role of Non-Performing Loans

Financial Stability and Innovation: The Role of Non-Performing Loans

This study analyses the relationship between non-performing loans (NPLs) and innovation systems at a global level. The data were obtained from the World Bank and the Global Innovation Index over the period 2013–2022 for 149 countries. The k-means algorithm was used to verify the presence of clusters...

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Bibliographic Details
Main Authors: Massimo Arnone, Alberto Costantiello, Angelo Leogrande, Syed Kafait Hussain Naqvi, Cosimo Magazzino
Format: Article
Language:English
Published: MDPI AG 2024-10-01
Series:FinTech
Subjects:
non-performing loans
banking stability
innovation
k-means
panel data
Online Access:https://www.mdpi.com/2674-1032/3/4/27
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