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The Janus-Faced Nature of Debt

Sur la double nature de la dette

Mattia Guerini, Alessio Moneta (), Mauro Napoletano and Andrea Roventini

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Abstract: The financial and economic crises of 2008 have been intimately interwined with the dynamics of debt. As a matter of fact, a research by Ng and Wright (2013) reports that in the last thirty years all the U.S. recessions had financial origins.

Keywords: Investment; Economic theory; Investissement; Théorie économique (search for similar items in EconPapers)
Date: 2018-01-24
Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03444424
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Published in 2018

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