How Costly Are Debt Crises? /

The aim of this paper is to assess the short- and medium-term impact of debt crises on GDP. Using an unbalanced panel of 154 countries from 1970 to 2008, the paper shows that debt crises produce significant and long-lasting output losses, reducing output by about 10 percent after eight years. The re...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Furceri, Davide
अन्य लेखक: Zdzienicka, Aleksandra
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2011.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2011/280
ऑनलाइन पहुंच:Full text available on IMF

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