Arnim, Rudiger von; Bannister, Steve; Perry, Nathan - In: Cambridge Journal of Economics 37 (2013) 4, pp. 889-920
This paper presents an investigation of global recovery from the Great Recession and the rebalancing of global external imbalances, using a global model of 16 countries and composite regions. The model applies to the short term and only to the real side. Key features are demand-driven output...