Debt and Macroeconomic Stability
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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Debt levels have surged since the mid-1990s and have reached historic highs across the OECD. High
debt levels can create vulnerabilities, which amplify and transmit macroeconomic and asset price shocks.
Furthermore, high debt levels hinder the ability of households and enterprises to smooth consumption and
investment and of governments to cushion...



