by
Tiongson Erwin; Gueorguieva Anna I.; Levin Victoria; Subbarao Kalanidhi; Sugawara Naotaka; Sulla Victor; Taylor Ashley
Language: English
Release Date: December 2, 2009
The crisis threatens the welfare of about 160 million people in the Europe and Central Asia (ECA) region who are poor or are just above the poverty line. Using pre-crisis household data along with aggregate macroeconomic outturns to simulate the impact of the crisis on households transmitted via credit...