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Home Tags Stephen Cecchetti

Tag: Stephen Cecchetti

Why Does Credit Growth Crowd Out Real Economic Growth?

Cloud Y - December 13, 2018
The faster the credit growth, the worse it is for real growth (output per worker). This is what Stephen G. Cecchetti and Enisse Kharroubi want to explain in their NBER working paper "Why Does Credit Growth Crowd Out Real Economic Growth?"
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