Debt overhang and monetary policy in Czech Republic
We investigate the consequences of excessive international debt overhang as they relate to both debtor and creditor countries. In particular, we assess the impact of monetary policy on financial stability and how it can be used to smooth borrowers, as well as creditors, consumption over the business...
| Main Authors: | , , , |
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| Format: | Journal article |
| Published: |
Higher School of Economics
2018
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