Is the Economic Crisis Over (and Out)?
Karim M. Abadir
Imperial College Business School
Review of Economic Analysis, Vol. 3, pp. 102-108, 2011
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.
Number of Pages in PDF File: 7
Date posted: January 15, 2012