| Variable | Authors | Expected sign |
Variable to be explained | Banking stability |
|
|
Explanatory variables | Bank concentration | | - |
Real per capita GDP | | + | |
Inflation | | - | |
Bank deposits | | + | |
Bank lending to the private | | - | |
Fiscal balance | | + | |
Current account balance | | - | |
Rate of outstanding receivables | | - | |
Deposit insurance | | + | |
Interest margin | | - |