Park, Donghyun
Household Debt, Corporate Debt, and Economic Growth: Some Empirical Evidence - ADB publication 2018 - 50
The research indicates that the buildup of corporate debt causes more financial peaks than the buildup of household debt in both groups of countries. But in emerging market economies, findings suggest that recessions induced by corporate debt inflict more damage on output than those induced by household debt.
Англи хэл дээр,
economics finance sector development private sector development
Household Debt, Corporate Debt, and Economic Growth: Some Empirical Evidence - ADB publication 2018 - 50
The research indicates that the buildup of corporate debt causes more financial peaks than the buildup of household debt in both groups of countries. But in emerging market economies, findings suggest that recessions induced by corporate debt inflict more damage on output than those induced by household debt.
Англи хэл дээр,
economics finance sector development private sector development