Togati, Teodoro Dario - Dipartimento di Scienze Economico-Sociali e … - 2012
The Great Recession (GR) brings about a stalemate in macroeconomics. On the one hand, while describing the immediate effects of the GR, standard models fail to account for its persistence. On the other, heterodox approaches do not regain consensus as they fail to devise an alternative method for...