This paper empirically investigates the relationship between the speed of buildup of private debt (household and … basis of how quickly their private debt builds up. In addition to output recessions, we look at consumption and investment … corporate debt is especially damaging for emerging markets during financial recessions. A higher ratio of debt to gross domestic …

expansion of global nonfinancial corporate debt after the 2008-09 global financial crisis. Nonfinancial corporate debt steadily … increased after the crisis, especially in emerging economies. Between 2008 and 2018, corporate debt increased from 56 to 96 …. Nonfinancial corporate debt was mainly issued through bond markets, and its growth can be largely attributed to accommodative …

also related to their level of individual and/ or household debt. In contrast to a growing literature that links financial … higher debt burden are faster in getting a new job. Although it is difficult to make a cause and effect connection, our … debt of dislocated workers to move back into employment perhaps by accepting lower wages builds a faster economic recovery …