Macroeconomic Model Spillovers and Their Discontents

WP/13/4

Nopic
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 asset prices than are seen in even pre-crisis... READ MORE...

Publication date: January 2013
ISBN 9781475519860
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: January 2013

English