Koh, Wee Chian; Kose, M. Ayhan; Nagle, Peter; Ohnsorge, … - 2020 - This version: January 2020
fifty years. This paper examines the consequences of debt accumulation using a three-pronged approach: an event study of … examining the linkages between debt and the probability of financial crises; and a set of case studies of rapid debt buildup …