About this document
Impact of Household and Corporate Debt on Growth by dreetu054 is a document available to read on EtoBox.
The article examines the impact of household and corporate debt on economic growth in both advanced and emerging market economies (EMEs). It finds that corporate debt buildups lead to more significant financial peaks and recessions than household debt, particularly in EMEs, where corporate debt-induced recessions cause greater output damage. The authors emphasize the importance for policymakers to monitor both types of debt to mitigate risks to financial stability.
- Author
- dreetu054
- Language
- EN