Housing, Household Debt, and the Business Cycle: An Application to China and Korea
收藏NBER2023-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w31489
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资源简介：
China and South Korea both experienced substantial increases in household debt through 2021, and now both countries face a weakening economy. This essay gleans lessons from the credit-driven household demand channel (e.g., Mian and Sufi 2018) to explore how the two economies will fare in the years
提供机构：
美国国家经济研究局
创建时间：
2023-07-01
