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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Bibliographic Details
Main Author: Abiad, Abdul
Corporate Author: International Monetary Fund (Corporate Author)
Other Authors: Dell'Ariccia, Giovanni, Li, Grace
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011
Series:IMF Working Papers; Working Paper ; No. 2011/058
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