alive, enterprises afloat, and households out of poverty. The pandemic has macroeconomic dimensions. First, it affects … macroeconomic stability and growth. Second, the tools of macroeconomic policy-fiscal and monetary policy together with debt … deficit and debt ratios. This paper discusses these macroeconomic dimensions, focusing on the developing world. The paper …

risk of debt-deflation and prolonged recession. Financialization operates through three different conduits: changes in the …

This paper assesses the effectiveness of lending restriction measures, such as loan-to-value and debt …-service-to-income ratios, in affecting developments in house prices and credit. We use data on 99 lending standard restrictions implemented in … house prices and credit. However, the impact is delayed and reaches its peak only after three years. In addition, the impact …