economic crisis that began in mid-2007 which are contained in the main publications of the IMF, the OECD and the BIS and …

Using a large panel of OECD countries this paper studies the link between debt and macroeconomic stability by comparing … between debt and economic growth has been extensively studied in the literature, only little attention has been paid to the … impact of debt on volatility and higher moments of output growth distributions. This paper fills in this gap. Debt …

understand the international risk distribution, the overall position is broken down between equity and debt components. The …

net external debt levels. In Spain and Portugal, cost competitiveness relative to the rest of the euro area would need to …

understand the international risk distribution, the overall position is broken down between equity and debt components. The …

consolidated public sector and different levels of government, and tests for the sustainability of the public debt dynamics. The …

past two decades. The main findings show that the rise in household debt to historical levels has been driven by a … most of the debt is held by households better able to manage it. In particular, the major part of debt is held by higher … ability to service debt, do not hold that much and, as such, the spill over effects from this group to the rest of the economy …