Household Deleveraging and Saving Rates : A Cross-Country Analysis /

Historically high household debt in several economies is calling for a deleveraging, but according to some economists, this adjustment can slow GDP growth by weighing on consumption. Using a sample of advanced and emerging market economies, this paper finds evidence of a negative relationship betwee...

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Bibliographic Details
Main Author: Bouis, Romain
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2021.
Series:IMF Working Papers; Working Paper ; No. 2021/257
Subjects:
Online Access:Full text available on IMF