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In this paper the author attempts an analysis of the current financial/economic crisis that is wider ranging and more fundamental than he has been able to find. For this purpose he reviews some social science literature that views the current crisis as an episode in the secular decline of the...
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the euro area, even after controlling for global shocks and changes in volatility. Not surprisingly, negative events in … provide a complete analysis of current challenges in the euro area, the analysis and framework can help prioritize various …
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