Anatomy of Credit-Less Recoveries

The recovery from the global crisis that erupted in 2007 shows that the decoupling between real and financial variables during the business cycle can lead to negative and long-lasting consequences for the economy. A key feature of the past global c...

Full description

Bibliographic Details
Main Authors: Corrado, Luis, Rossi, Isolina
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/991851528243815478/Anatomy-of-credit-less-recoveries
http://hdl.handle.net/10986/29894