Replication package for "Macroeconomic Shocks, Institutional Quality, and Banking-Sector Credit Risk in Emerging Europe"

The package documents the construction of a country-year panel for 14 European banking systems over 2007-2024 and the estimation workflow used in the paper. It includes the starting source panel, the FX-corrected panel, intermediate analysis datasets, reproducible code for all analytical steps, diagnostic files, tables, figures, logs, and a machine-readable manifest.

The analysis covers dynamic panel estimation of banking-sector credit risk, threshold modeling, robustness checks, referee diagnostics, and scenario simulation. The package is designed as a single canonical release so that all reported tables and figures are internally consistent and traceable to one reproducible run. The archive includes Python scripts, one R script for the GMM diagnostic appendix, processed CSV and Excel data files, bootstrap draws, and publication-ready outputs.