Discerning Good from Bad Credit Booms : The Role of Construction /

Credit booms are a focal point for policymakers and scholars of financial crises. Yet our understanding of how the real sector behaves during booms, and why some booms may go bad, is limited. Despite a large and growing body of literature, most of the work has focused on aggregate economic activity,...

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Hlavní autor: Dell'Ariccia, Giovanni
Další autoři: Ebrahimy, Ehsan, Igan, Deniz, Puy, Damien
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2020.
Edice:Staff Discussion Notes; Staff Discussion Notes ; No. 2020/002
On-line přístup:Full text available on IMF