Excessive Private Sector Leverage and Its Drivers : Evidence from Advanced Economies /

Nonfinancial private sector debt increased significantly in advanced economies prior to the global financial crisis and, with a few exceptions, deleveraging has been limited. Furthermore, in some countries households and corporations have continued to accumulate debt. Drawing on the literature, the...

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Bibliographic Details
Main Author: Jarmuzek, Mariusz
Other Authors: Rozenov, Rossen
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/072
Online Access:Full text available on IMF