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