Revisiting overborrowing and its policy implications
Economies with imperfect financial market access may experience crises that cause significant economic dislocation. These crises are characterized by the sudden stop of domestic or international credit flows and they are associated with large declines in consumption output relative prices and asset...
Guardado en:
Autores principales: | Benigno, Gianluca, Chen, Huigang, Rebucci, Alessandro, Young, Eric R. |
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Formato: | Artículo |
Lenguaje: | eng |
Publicado: |
Banco Central de Chile
2019
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Materias: | |
Acceso en línea: | https://hdl.handle.net/20.500.12580/3880 |
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