Azizi, Amir

[ 1 ] - Effects of Nonperforming Loans on Endogenous Banking Money Creation and Banking Sector Fragility in Iran

In recent years, a gap between banks’ deposits and loans has been emerging and rather continuously growing. Also, loans to liabilities ratio and liquidity multiplier have been decreased and increased, respectively. Furthermore, a kind of stickiness has been observed in interbank interest rate. The objective of this paper is to explain the mentioned behaviors by investigating the effects of nonp...