deleverage
verbEtymology From de- + leverage.
- Because the country is exposed to large interest rate shocks, this triggers a strong precautionary-saving response: households deleverage fast and massively.2026, Hausmann-Guil, Guillermo, “Approximating around the Stochastic Steady State Matters: Rethinking Uncertainty Shocks in Small Open Economies”, in Journal of Economic Dynamics and Control, →DOI: