Stefania Villa

Bank of Italy

Via Nazionale 91

Rome, 00184

Italy

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Fiscal Buffers, Private Debt and Recession: The Good, the Bad and the Ugly

Bank of Italy Temi di Discussione (Working Paper) No. 1186, July 2018
Number of pages: 59 Posted: 09 Jul 2019
Nicoletta Batini, Giovanni Melina and Stefania Villa
International Monetary Fund (IMF), International Monetary Fund (IMF) and Bank of Italy
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Abstract:

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private debt, public debt, financial crisis, financial shocks, borrowing constraints, fiscal limits