Debt and macroeconomic stability
"Debt levels have surged since the mid-1990s and have reached historic highs across the OECD. High debt levels can create vulnerabilities, which amplify and transmit macroeconomic and asset price shocks. Furthermore, high debt levels hinder the ability of households and enterprises to smooth co...
| Main Authors: | , , , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Paris
2012
OECD |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19120144124919483269-Debt-and-macroeconomic-stabili.htm |
