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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Park, Donghyun (Egilea)
Formatua: Electronic Resource
Hizkuntza:ingelesa
Argitaratua: Manila,Philippines Asian Development Bank, [2019]
Saila:Economics working papers.
Gaiak:
Sarrera elektronikoa:https://www.adb.org/publications/debt-depth-recessions