Private sector debt matters, and better data means better policy

Lehmann, Alexander, (2016), “Private sector debt matters, and better data means better policy”, Bruegel, 27 Οκτωβρίου

Private debt is emerging as a central concern in EU policy. However, the Commission’s regular country reports still give more attention to sovereign than private debt – even though there is always a risk that private liabilities will be socialised. Consistent and more detailed indicators of private debt distress could offer a more effective input to policy.

Σχετικές Αναρτήσεις

• Nicoletta Batini, Giovanni Melina, Stefania Villa, (2016), “Fiscal Buffers, Private Debt, and Stagnation : The Good, the Bad and the Ugly”, IMF WP No. 16/104
• Arellano, Cristina , Atkeson, Andy , L. J. Wright, Mark, (2016), “Debt crises in Europe and US states: Sovereign spillovers on private borrowers”, Voxeu, 10 Ιανουαρίου