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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Detalhes bibliográficos
Autor principal: Bernardini, Marco
Outros Autores: Forni, Lorenzo
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2017.
Colecção:IMF Working Papers; Working Paper ; No. 2017/061
Acesso em linha:Full text available on IMF