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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Furceri, Davide
מחברים אחרים: Zdzienicka, Aleksandra
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2011.
סדרה:IMF Working Papers; Working Paper ; No. 2011/280
גישה מקוונת:Full text available on IMF