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Incluye bibliografía ; European finance is becoming increasingly cross-border, while the European architecture for safeguarding financial stability –including decision-making processes for providing financial-stability public goods– have remained decentralized with some explicit mechanisms...
Persistent link: https://www.econbiz.de/10012529526
The seminal work by Blanchard and Quah (1989) identifying long-run shocks finds that the unemployment rate increases following a “supply” shock. This puzzling result engenders a lively debate between leading schools of macroeconomic thought. But should we employ this model to study...
Persistent link: https://www.econbiz.de/10015269041
The seminal work by Blanchard and Quah (1989) identifying long-run shocks finds that the unemployment rate increases following a “supply” shock. This puzzling result engenders a lively debate between leading schools of macroeconomic thought. But should we employ this model to study...
Persistent link: https://www.econbiz.de/10015269855