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Is the economic crisis over (and out)?

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  • Karim M. Abadir

    (Imperial College London)

Abstract

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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Bibliographic Info

Article provided by Rimini Centre for Economic Analysis in its journal Review of Economic Analysis.

Volume (Year): 3 (2011)
Issue (Month): 2 (October)
Pages: 102-108

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Handle: RePEc:ren:journl:v:3:y:2011:i:2:p:102-108

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Related research

Keywords: recession; recovery; causes and symptoms; turning points; prediction; macro policy;

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  1. Karim Abadir & Gabriel Talmain, . "Aggregation, Persistence and Volatility in a Macromodel," Discussion Papers 01/03, Department of Economics, University of York.
  2. Karim M. Abadir & Gabriel Talmain & Giovanni Caggiano, 2008. "Nelson-Plosser revisited: the ACF approach," Working Paper Series 18-08, The Rimini Centre for Economic Analysis, revised Jan 2008.
  3. Karim M. Abadir & Gabriel Talmain, 2008. "Macro and Financial Markets: The Memory of an Elephant?," Working Paper Series 17-08, The Rimini Centre for Economic Analysis.
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Cited by:
  1. Schleer, Frauke & Semmler, Willi, 2014. "Financial sector-output dynamics in the euro area: Non-linearities reconsidered," ZEW Discussion Papers 13-068 [rev.], ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.

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