Credit Conditions and Recoveries from Recessions Associated with Financial Crises /
Recoveries from recessions associated with a financial crisis tend to be sluggish. In this paper, we present evidence that stressed credit conditions are an important factor constraining the pace of recovery. In particular, using industry-level data, we find that industries relying more on external...
| Príomhchruthaitheoir: | |
|---|---|
| Formáid: | IRIS |
| Teanga: | English |
| Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
2010.
|
| Sraith: | IMF Working Papers; Working Paper ;
No. 2010/083 |
| Rochtain ar líne: | Full text available on IMF |