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...

Descrición completa

Detalles Bibliográficos

Autor Principal:	Park, Donghyun (Author)
Formato:	Electronic Resource
Idioma:	English
Publicado:	Manila,Philippines Asian Development Bank, [2019]
Series:	Economics working papers.
Subjects:	Debts, Public > Asian countries. Monetary policy > Asian countries. Financial instruments > Asian countries. Economics. Electronic book.
Acceso en liña:	https://www.adb.org/publications/debt-depth-recessions