Is the economic crisis over (and out)?
This note analyzes the recent global recession: its causes, the predictability of the timing of its start and of its end, and the implications for macro policy. These follow from the general-equilibrium macro model of Abadir and Talmain (2002) and its implications for a new type of macroeconometrics...
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Veröffentlicht in: | Review of economic analysis 2011-01, Vol.3 (2), p.102-108 |
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Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | This note analyzes the recent global recession: its causes, the predictability of the timing of its start and of its end, and the implications for macro policy. These follow from the general-equilibrium macro model of Abadir and Talmain (2002) and its implications for a new type of macroeconometrics. The note also proposes some banking regulations, and presents prospects for the future. |
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ISSN: | 1973-3909 1973-3909 |
DOI: | 10.15353/rea.v3i2.1457 |