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Macroeconomic model spillovers and their discontents

The Great Recession underlined that policies in some countries can have profound spillovers elsewhere. Sadly, the solution of simulating large macroeconomic models to measure these spillovers has been found wanting. Typical models generate lower international correlations of output and financial ass...

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Основен автор: Bayoumi, Tamim A.
Автор-организации: International Monetary Fund. Strategy, Policy, and Review Department.
Други автори: Vitek, Francis.
Формат: Електронен
Език: English
Публикувано: [Washington, D.C.] : International Monetary Fund, ℗♭2013.
Серия: IMF working paper ; WP/13/4.
Предмети:
Онлайн достъп: http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=547913