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...

Volledige beschrijving

Bibliografische gegevens
Hoofdauteur: Park, Donghyun (Auteur)
Formaat: Electronic Resource
Taal:English
Gepubliceerd in: Manila,Philippines Asian Development Bank, [2019]
Reeks:Economics working papers.
Onderwerpen:
Online toegang:https://www.adb.org/publications/debt-depth-recessions