Private sector deleveraging and growth following busts /
Balance sheet recessions have been a drag on activity after the Global Financial Crisis, underscoring the important role of balance sheet adjustment for resuming sustained growth. In this paper we examine private sector deleveraging experiences across 36 advanced and emerging economies countries sin...
Saved in:
| Corporate Author: | |
|---|---|
| Other Authors: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
©2015.
|
| Series: | IMF working paper ;
WP/15/35. |
| Subjects: | |
| Online Access: | CONNECT |
Table of Contents:
- Cover; Private Sector Deleveraging and Growth Following Busts; I. INTRODUCTION; II. LITERATURE REVIEW; III. A CLOSER LOOK AT PRIVATE SECTOR DELEVERAGING
- STYLIZED FACTS; IV. DELEVERAGING MODALITY AND GROWTH
- AN EMPIRICAL ANALYSIS; V. CONCLUSION; REFERENCES; VI. APPENDIX 1: LEVERAGE EPISODES; VII. APPENDIX 2: REGRESSION RESULTS; VIII. APPENDIX 3: TWO-STEP APPROACH TO ISOLATE EXTREME EXOGENOUS DELEVERAGING SHOCKS.
