Creditless Recoveries /
Recoveries that occur in the absence of credit growth are often dubbed miracles and named after mythical creatures. Yet these are not rare animals, and are not always miracles. About one out of five recoveries is "creditless", and average growth during these episodes is about a third lower...
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Format: | Book |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2011
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Series: | IMF Working Papers; Working Paper ;
No. 2011/058 |
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