The Legacy of Economic Recession in Terms of Over-Indebtedness: A Framework and Review of the Evidence
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DOI: 10.1017/s1474746420000354
Abstract: With the expansion of credit, low interest rates and overly optimistic expectations about future economic and housing price developments, mortgage lending soared in most OECD countries in the run-up to the 2008 global economic crisis.… read more here.
Keywords: review; recession terms; terms indebtedness; economic recession ... See more keywords