Creditless Recoveries /

Recoveries that occur in the absence of credit growth are often dubbed miracles and named after mythical creatures. Yet these are not rare animals, and are not always miracles. About one out of five recoveries is "creditless", and average growth during these episodes is about a third lower...

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Dettagli Bibliografici
Autore principale: Abiad, Abdul
Altri autori: Dell'Ariccia, Giovanni, Li, Grace
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2011.
Serie:IMF Working Papers; Working Paper ; No. 2011/058
Accesso online:Full text available on IMF