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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Библиографические подробности
Главный автор: Bernardini, Marco
Другие авторы: Forni, Lorenzo
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2017.
Серии:IMF Working Papers; Working Paper ; No. 2017/061
Online-ссылка:Full text available on IMF