Household Debt, Corporate Debt, and Economic Growth: Some Empirical Evidence

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dc.contributor.authorADB; Park, Donghyun; Shin, Kwanho; Tian, Shu
dc.date.accessioned2021-10-05T15:03:19Z
dc.date.available2021-10-05T15:03:19Z
dc.date.issued2018-12
dc.descriptionThis publication empirically assesses the effect of private debt buildup—household and corporate debt—on the real economy in advanced and emerging market economies. 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.
dc.format.extent50
dc.identifier.isbnN/A
dc.identifier.isbnN/A
dc.identifier.issn2313-6537
dc.identifier.issn2313-6545
dc.identifier.urihttps://www.adb.org/publications/household-debt-corporate-debt-real-economy
dc.identifier.urihttps://hdl.handle.net/20.500.14540/5304
dc.subject.otherEconomics
dc.subject.otherFinance sector development
dc.subject.otherPrivate sector development
dc.titleHousehold Debt, Corporate Debt, and Economic Growth: Some Empirical Evidence
local.publication.countryRegional - Asia and the Pacific

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