Han, Bada; Ahmed, Rashad; Aizenman, Joshua; Jinjarak, Yothin - National Bureau of Economic Research - 2024
(EMEs) and Frontier Market Economies (FMEs) from 2005 to 2021. Higher household debt levels and growth are associated with … significantly slower GDP growth in more developed EMEs but not in less developed EMEs and FMEs. We also examine the relationship … between US dollar cycles, sectoral debt levels and growth, and economic activity. Among developed EMEs, higher expected …