Loose Financial Conditions, Rising Leverage, and Risks to Macro-Financial Stability /

After a steady increase following the global financial crisis, private nonfinancial sector leverage rose further during the COVID-19 on the back of easy financial conditions induced by unprecedented policy support. We investigate the empirical relationships between increased leverage, financial cond...

Celý popis

Podrobná bibliografie
Hlavní autor: Barajas, Adolfo
Další autoři: Choi, Woon, Gan, Ken, Guerin, Pierre
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2021.
Edice:IMF Working Papers; Working Paper ; No. 2021/222
Témata:
On-line přístup:Full text available on IMF