Dalio R. (2012) An In-Depth Look at Deleveragings, Bridgewater, February.
Eggertsson G.B., Krugman P. (2010) Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo approach.
Fisher I. (1933) The Debt-Deflation Theory of Great Depressions, Econometrica, Vol. 1, no. 4.
Friedman M. (1969) The Optimum Quantity of Money, London: Macmillan.
Hinrichsen S. (2012) The Deleveraging Cycle, Macro Exposure, January 29.
Κοο R.C. (2008) The Holy Grail of Macroeconomics: Lessons from Japan’s Great Recession, Wiley.
Koo R.C. (2011) The world in balance sheet recession: causes, cure, and politics, Real-world Economics Review, Issue no. 58, 1 December.
McΚinsey Global Institute (2010) Debt and Deleveraging: The Global Credit Bubble and its Economic Consequences.
McKinsey Global Institute (2012) Debt and deleveraging: Uneven progress on the path to growth, January.
Minsky H. (1986) Stabilizing an Unstable Economy, New Haven: Yale University Press.
Schumpeter J. (1942) Capitalism, Socialism, and Democracy, New York: Harper & Bros.
Further Reading List
Arslanalp S., De Bock R., Jones M. (2015) Trends and prospects for private-sector deleveraging in advanced economies, Credit Writedowns.
Bakker B.B., Lipschitz L. (2016) Conventional and Insidious Macroeconomic Balance-Sheet Crises, IMF Working Paper No. 14/160.
Beck R., Jakubik P., Piloiu A. (2013) Non-performing loans: What matters in addition to the economic cycle? ECB Working Paper No. 1515.
Bologna P., Caccavaio M., Miglietta A. (2014) EU bank deleveraging, VOX, 14 October.
Buttiglione L., Lane P.R., Reichlin L., Reinhart V. (2014) Deleveraging? What Deleveraging? Geneva Reports on the World Economy 16.
Bornhorst F., Arranz M.R. (2013) The perils of private-sector deleveraging in the Eurozone, Vox, November 10.
Chen S. (2015) Private Sector Deleveraging and Growth Following Busts, IMF Working Paper No. 15/35.
Cohen-Setton J. (2014) Blogs review: Private debt in the US – and the risk of using the blunt instrument of monetary policy to counteract the build-up of financial bubbles, Bruegel.
Durden T. (2012) Europe’s “Great Deleveraging” Has Only Just Begun, Zero Hedge, February 2.
Ellis L. (2011) The Persistent Issues in Over Leveraged Balance Sheets, EconoMonitor.
Feyen E., González del Mazo I. (2013) European Bank Deleveraging and Global Credit Conditions – Implications of a Multi-Year Process on Long-Term Finance and Beyond, The World Bank.
Feyen E., Kibuuka K., Ötker-Robe İ. (2012) Bank Deleveraging Causes, Channels, and Consequences for Emerging Market and Developing Countries Policy Research Working Paper 6086 Financial Systems Global Practice, The World Bank.
Fornaro L. (2013) Discussion of International Debt Deleveraging-BoC-ECB workshop on exchange rates, ECB-BOC.
Fornaro L. (2013) International Debt Deleveraging, ECB-Bank of Canada.
Gassambe I., Goldberg S., Gurushina N., Nowakowski D. (2012) Deleveraging and Re-regulation: Asset Class Implications of State Capitalism, Roubini.
Gjerstad S., Smith L.V. (2012) Balance Sheet Crises: Causes, Consequences and Responses, CATO, 30th Monetary Conference.
Jordà O., Moritz S., Taylor A.M. (2011) When Credit Bites Back: Leverage, Business Cycles, and Crises, Working Paper 17621, National Bureau of Economic Research, NBER.
Justiniano A., Primiceri G.E. (2013) Household Leveraging and Deleveraging-Federal Reserve Bank of New York Staff Reports, no. 602, Federal Reserve Bank of New York.
Kapila J. (2011) Deleveraging: Onward and Downward, Roubini Global Economics.
Kang J.S. (2014) Balance Sheet Repair and Corporate Investment in Japan, IMF Working Paper No. 14/141.
Keen S. (2010) Deleveraging is America’s future, real-world economics review, issue no. 54.
Keen S. (2012) Economics in the age of deleveraging, available at: http://www.debtdeflation.com/blogs/2012/01/28/economics-in-the-age-of-deleveraging/.
Kinsella S., O’Sullivan V. (2011) Deleveraging in the Eurozone, VoxEU.
Konczal M. (2012) How mortgage debt is holding back the recovery, available at: https://snbchf.com/wp-content/uploads/2014/02/mkonczal_mortgage_debt_presentation_slides.pdf.
Menegatti C., Nowakowski D. (2012) U.S. Private-Sector Deleveraging: Where Are We? Roubini Global Economics.
Mian A., Sufi A. (2011) What Explains High Unemployment? The Deleveraging – Aggregate Demand Hypothesis.
Ollivaud P., Schwellnus C. (2015) Does the Post-Crisis Weakness of Global Trade Solely Reflect Weak Demand?, OECD Economics Department Working Papers, No. 1216, OECD Publishing, Paris, http://dx.doi.org/10.1787/5js1qvnff3hk-en.
Taylor M.A. (2012) The Great Leveraging, NBER Working Paper No. 18290.
Raberto M., Teglio T., Cincotti S. (2012) Debt, Deleveraging and Business Cycles: An Agent-Based Perspective, Economics.
Puhr C., Schmitz S.W., Spitzer R., Hesse H. (2012) Room for manoeuvre: The deleveraging story of Eurozone banks since 2008, Vox.
Sahm C.R., Shapiro M.D., Slemrod J. (2015) Balance-Sheet Households and Fiscal Stimulus: Lessons from the Payroll Tax Cut and Its Expiration, NBER Working Paper No. 21220.
Schularick M., Taylor A.M. (2012) Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870–2008, American Economic Review, vol. 102, no 2, pp. 1029-61.
Singh M., Stella P. (2012) The (other) deleveraging: What economists need to know about the modern money creation process, VoxEU, 2 July.
Wolfe A. (2013) Debt and Deleveraging: Will China Turn Japanese?, Roubini Global Economics.