Papers and Features
Papers and features puts the focus on scholarly works regarding debt and it's impact on the economy including text and presentations from conferences around the world.
Richard Vague on Why Large Rapid Build Ups of Private Debt Cause Financial Crises.
An excerpt from The Next Economic Disaster: Why It's Coming and How to Avoid It.
Private Debt Bonanza, Public Debt Legacies: The Euro-Zone’s Experience With Liberalized Private Finance Under Its Ill-Designed Currency Union
How institutional design and austerity is destroying the European economy
Forum: The Coming of a China Debt Crisis?
A forum on China's debt
Are We Facing a Global “Lost Decade?"
Steve Keen on Japan's Lessons for the Global Economy
Financial Inclusion and Its Discontents
Does "financial inclusion" hurt the world's poorest?
What Drove Up US Household Debt?
How has economics explained why US households have been borrowing so much and what is missing?
Why a Negative Interest Rate Policy (NIRP) is Ineffective and Dangerous
Negative Interest Rates are a popular new economic policy idea. Are they dangerous?
Connecting the Dots: Debt, Savings and the Need for a Fiscal Growth Policy
Andrea Terzi on why we need to rethink the role of fiscal policy in economic stability and recovery.
A New Dutch Disease? Private Debt in the Netherlands
Despite strong fundamentals high household debt is holding down the Dutch economy.
The Debt Goes On: A Post-Crisis “Progress” Report
What has changed in America's household debt burden since the recession and what has not?
Welcome to the New, Slower Growth World: An Update on the Private Debt Crisis
HHow private debt overhangs have put us into a slow growth economy
Tipping Points: Understanding the Impact of Debt on Household Financial Well Being
A joint conference with the Center for Household Financial Stability on household debt
Rapid Money Supply Growth Does Not Cause Inflation
What factors really contribute to inflation?
Bank Credit Allocation in Nigeria – A Driver of Premature De-Industrialisation?
Has the allocation of credit to consumer spending hurt the prospects of emerging market economies?
America's Hidden Debt
How much do we know about the kind of debt that burdens the most vulnerable Americans?
Current Account Imbalances, Debt Buildup, and Instability
Do trade deficits and current account imbalances drive the debt driven global economy?
The Economic Consequences of The Global ‘Debt Shift’
How do movements of debt across sectors explain changes in financial stability?
Tipping Points III: Debt-Financed Homeownership – Its Evolution, Impact, and Future
Papers from Tipping Points III: Debt-Financed Homeownership – Its Evolution, Impact, and Future
Monetary Policy and the Punch bowl
How can the Fed make monetary policy serve main street as well as Wall Street?
What's the Matter with France? The French Corporate Private Debt Binge, 2008-2016
The French corporate sector's debt has ballooned since the 2008 crisis.
Greece has a Private Debt Crisis
The Troika's bailout policies have spurred a debt deflation in Greece
Financial Bubbles and Technological Innovations
How do we finance innovation without risking a credit crisis?
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The Risks of Rising Household Debt in Norway
How Norway's growing real estate prices might lead to a debt crisis
Tipping Points II: Understanding the Impact of Household Debt on Growth
A joint conference with the Center for Household Financial Stability on the macroeconomics of debt.
Chinese Financial Development in Historical Context
How China's debt driven growth model fits into the larger history of developing states
Corporate Debt: Where is the Danger?
What are the threats associated with the buildup in corporate debt?
Toward a New Theory of Money and Debt
Richard Vague Outlines His Theory of Debt, Money and Growth
Europe's Private Debt: An Update
A presentation of Europe's private debt load and its impact on global growth
Private Debt as Shadow Money? Conceptual Criteria, Empirical Evaluation and Implications for Financial Stability
What is the intersection between private debt and the world's money supply
ADDITIONAL ARTICLES
A Conversation With Lord Adair Turner
An interview with Lord Adair Turner, the Chairman of INET
Why the World Needs a Weak Dollar
New political structures are needed to avoid global deflation
Is the World on the Brink of Another Great Recession?
Are we facing another phase of a structural crisis that began in 2008?
Comment: Richard Vague on Financialization and Economic Development
Richard Vague's take on the role of financialization and debt in driving economic development