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non-financial agents. Households favoured liquid and low-risk savings instruments. Households and fi rms reduced bank … borrowings but their debt ratios rose further. …
Persistent link: https://www.econbiz.de/10009274749
Households have continued to take on debt at a sustained pace, while simultaneously building up their financial assets …. Non-financial corporations have increased their use of bank loans and securities issuance. Meanwhile, the general …
Persistent link: https://www.econbiz.de/10009283345
In 2010, the recovery in lending largely benefited households. The levels of indebtedness non-financial sectors reached …
Persistent link: https://www.econbiz.de/10010552973
In 2009, the value of France’s national economic wealth fell for the second year running, but at a slower rate than in 2008. The upturn in net financial wealth partly offset the more pronounced contraction in the value of non-financial wealth, which was essentially caused by weaker property...
Persistent link: https://www.econbiz.de/10009195479
After declining for two years, France’s national economic wealth rose in 2010. Households’ total wealth largely …
Persistent link: https://www.econbiz.de/10010569721
In a recent article, Keen resumes the debate with Krugman about the effects of debt upon the economy. It is hard to see …
Persistent link: https://www.econbiz.de/10011259117
debt which can be used by companies, and that is the bonds credit. So that, after a short presentation of the framework in … which this debt method can be used, there are presented the conditions that have to be fulfilled so that a company could … have access on the bonds market. Then there is briefly presented a parallel between the mechanism of forming the capital …
Persistent link: https://www.econbiz.de/10008556653
This paper estimates bond-by-bond "haircuts"-realized investor losses-in recent debt restructurings in Russia, Ukraine …
Persistent link: https://www.econbiz.de/10005825806
system development, sovereign debt vulnerabilities, and ways to sustain progress in reducing inflation by strengthening the …
Persistent link: https://www.econbiz.de/10005590924
This study is carried out against a backdrop of deep divisions in Greece and in Europe over how to handle the challenges now confronting Greece. Greece’s deeper medium-term policy needs and identifying ways to replace the expected market financing are discussed. Structural reforms tackled...
Persistent link: https://www.econbiz.de/10011244444