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,...

Full description

Bibliographic Details
Main Author: Dell'Ariccia, Giovanni
Other Authors: Ebrahimy, Ehsan, Igan, Deniz, Puy, Damien
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2020.
Series:Staff Discussion Notes; Staff Discussion Notes ; No. 2020/002
Online Access:Full text available on IMF