Debt and depth of recessions.

This paper empirically investigates the relationship between the speed of buildup of private debt (household and corporate) and the depth of recessions. To do this, we differentiate between financial recessions and normal recessions on the basis of how quickly their private debt builds up. In additi...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Park, Donghyun (Συγγραφέας)
Μορφή: Electronic Resource
Γλώσσα:English
Έκδοση: Manila,Philippines Asian Development Bank, [2019]
Σειρά:Economics working papers.
Θέματα:
Διαθέσιμο Online:https://www.adb.org/publications/debt-depth-recessions