When fiscal consolidation meets private deleveraging

Autor: Andrés, Javier, Arce, Óscar, Thomas, Carlos

Publikováno v: Recercat. Dipósit de la Recerca de Catalunya
instname
Dipòsit Digital de Documents de la UAB
Universitat Autònoma de Barcelona
Recercat: Dipósit de la Recerca de Catalunya
Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
Repositorio Digital de la UPF
Universitat Pompeu Fabra

We analyze the interaction between fiscal consolidations and private sector deleveraging in an economy inside a monetary union. Pre-existing long-term collateralized private debt - a core ingredient of the deleveraging process - plays a critical role

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::071e26b8763c41872d6b287aa919c799
http://hdl.handle.net/2072/424656