Private and Public Debt : Are Emerging Markets at Risk? /

Using a dataset covering a large sample of emerging economies (EMEs), we study the relationship between debt and economic performance in bad times. While previous research has shown that private debt buildups exacerbate the duration and intensity of recessions in advanced economies (AEs), we documen...

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Détails bibliographiques
Auteur principal: Bernardini, Marco
Autres auteurs: Forni, Lorenzo
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2017.
Collection:IMF Working Papers; Working Paper ; No. 2017/061
Accès en ligne:Full text available on IMF