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...

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书目详细资料
主要作者: Barajas, Adolfo
其他作者: Choi, Woon, Gan, Ken, Guerin, Pierre
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2021.
丛编:IMF Working Papers; Working Paper ; No. 2021/222
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在线阅读:Full text available on IMF