Financial Crises
Chapter

Chapter 17. Principles of Household Debt Restructuring

Author(s):
Stijn Claessens, Ayhan Kose, Luc Laeven, and Fabian Valencia
Published Date:
February 2014
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    Author(s)
    Luc Laeven and Thomas Laryea The authors thank Jochen Andritzky, Tam Bayoumi, Olivier Blanchard, Stijn Claessens, Luis Cortavarria-Checkley, Giovanni Dell’Ariccia, Karl Driessen, Sean Hagan, Antonio Ignacio Garcia Pascual, David Hoelscher, Yan Liu, Mauro Mecagni, James Morsink, Martin Muhleisen, Ceyla Pazarbasioglu, Catriona Purfield, Nadia Rendak, Guillermo Tolosa, Fabián Valencia, Tessa van der Willigen, Johannes Wiegand, and members of the interdepartmental Debt Restructuring Working Group for helpful discussions and comments.
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