Bagliano, Fabio; Morana, Claudio - Centre for Research on Pensions and Welfare Policies … - 2010
The paper aims at assessing the mechanics of the Great Recession, considering both its domestic propagation within the US, as well as its spillovers to advanced and emerging economies. A total of 50 countries has been investigated by means of a large-scale open economy macroeconometric model,...
