Gorodnichenko, Yuriy; Mendoza, Enrique G.; Tesar, Linda L. - 2009
experiment for which we know with
precision the timing, nature and size of the exogenous shocks that hit the Finnish economy … equilibrium model that
accounts for the key features of the Finnish Great Depression as the economy’s response to the
two shocks … the behavior of the Finnish
economy in a previous episode of a sudden rise in energy costs, the oil price hike of the …