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...

Descripción completa

Detalles Bibliográficos
Autor principal: Bernardini, Marco
Otros Autores: Forni, Lorenzo
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2017.
Colección:IMF Working Papers; Working Paper ; No. 2017/061
Acceso en línea:Full text available on IMF