#02 - Slowdowns, households, companies and banks
Feb 4, 2019 ·
8m 37s
Sign up for free
Listen to this episode and many more. Enjoy the best podcasts on Spreaker!
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
The psychology of a recession, Episode 2 - Slower growth will raise the concern of households that unemployment will increase. Greater caution means less spending. Companies will scale back investments...
show more
The psychology of a recession, Episode 2 - Slower growth will raise the concern of households that unemployment will increase. Greater caution means less spending. Companies will scale back investments because they represent a long horizon commitment which moreover is irreversible. Banks will also become more cautious in extending credit, being concerned that the balance sheet quality of customer will suffer from a period of negative growth.
show less
Information
| Author | BNP Paribas Economic Research |
| Organization | BNP Paribas Economic Research |
| Website | - |
| Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
