Iwata, Kazumasa; Jean, Sébastien; Kastrop, Christian; … - In: Economics: The Open-Access, Open-Assessment E-Journal 12 (2018) 2018-38, pp. 1-10
Severe recessions and financial crises are frequent. Their effect on the economy is persistent and often exceeds initial projections. They can also be a strong driver of widening inequality. Therefore it is important that measures be taken to minimize the risk of such events while strengthening...