expansion increase leverage ratios sufficiently. When this happens, the Fisherian debt-deflation mechanism is set in motion, as … lower asset or goods prices tighten further the constraint causing further deflation. This framework also embodies a …

expansion increase leverage ratios sufficiently. When this happens, the Fisherian debt-deflation mechanism is set in motion, as … lower asset or goods prices tighten further the constraint causing further deflation. This framework also embodies a …

per capita) mediated by product vulnerabilities. We account for the precise lag between when the COVID-19 shock hit the … a lower degree of complexity negatively affected exports as a result of this shock. …

How do trade patterns change after an external shock such as an economic crisis, and is this shift structural? This …