...Karsten Staehr; Lenno Uusküla Purpose Large or increasing stocks of non-performing loans in the banking sector constitute threats to financial stability. This paper considers to which extent various macroeconomic and macro-financial factors may serve as leading indicators for the dynamics...

... makers and market participants on the usefulness of the spread in forecasting output growth for up to eight quarters ahead. Abbas Valadkhani can be contacted at: abbas@swin.edu.au © Emerald Group Publishing Limited 2016 Australia Interest rates Leading indicators Yield spread...