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...

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Tác giả chính:	Park, Donghyun (Tác giả)
Định dạng:	Electronic Resource
Ngôn ngữ:	English
Được phát hành:	Manila,Philippines Asian Development Bank, [2019]
Loạt:	Economics working papers.
Những chủ đề:	Debts, Public > Asian countries. Monetary policy > Asian countries. Financial instruments > Asian countries. Economics. Electronic book.
Truy cập trực tuyến:	https://www.adb.org/publications/debt-depth-recessions