Showing 1 - 10 of 10
The Great Recession seems to be a natural experiment for macroeconomics showing the inadequacy of the predominant theoretical framework — the New Neoclassical Synthesis — grounded on the DSGE model. In this paper, we present a critical discussion of the theoretical, empirical and...
Persistent link: https://www.econbiz.de/10010700759
The Great Recession seems to be a natural experiment for macroeconomics showing the inadequacy of the predominant theoretical framework?the New Neoclassical Synthesis?grounded on the DSGE model. In this paper, we present a critical discussion of the theoretical, empirical and political-economy...
Persistent link: https://www.econbiz.de/10011020618
As the recent crisis has forcefully suggested, understanding financial-market interconnectedness is of a paramount …. We investigate whether the 2008 financial crisis has resulted in a significant change in the topological properties of … the IFN. Our findings suggest that the crisis caused not only a reduction in the amount of securities traded, but also …
Persistent link: https://www.econbiz.de/10009493816
As the recent crisis has forcefully suggested, understanding financial-market interconnectedness is of a paramount …. We investigate whether the 2008 financial crisis has resulted in a significant change in the topological properties of … the IFN. Our findings suggest that the crisis caused not only a reduction in the amount of securities traded, but also …
Persistent link: https://www.econbiz.de/10009493834
As the recent crisis has forcefully suggested, understanding financial-market interconnectedness is of a paramount …. We investigate whether the 2008 financial crisis has resulted in a significant change in the topological properties of … the IFN. Our findings suggest that the crisis caused not only a reduction in the amount of securities traded, but also …
Persistent link: https://www.econbiz.de/10010328371
The Great Recession seems to be a natural experiment for macroeconomics showing the inadequacy of the predominant theoretical framework - the New Neoclassical Synthesis - grounded on the DSGE model. In this paper, we present a critical discussion of the theoretical, empirical and...
Persistent link: https://www.econbiz.de/10010539835
As the recent crisis has forcefully suggested, understanding financial-market interconnectedness is of a paramount … investigate whether the 2008 financial crisis has resulted in a significant change in the topological properties of the IFN. Our … findings suggest that the crisis caused not only a reduction in the amount of securities traded, but also induced changes in …
Persistent link: https://www.econbiz.de/10010679087
The Great Recession seems to be a natural experiment for economic analysis, in that it has shown the inadequacy of the predominant theoretical framework - the New Neoclassical Synthesis (NNS) - grounded on the DSGE model. In this paper, we present a critical discussion of the theoretical,...
Persistent link: https://www.econbiz.de/10011789720
Persistent link: https://www.econbiz.de/10011644103
The Great Recession seems to be a natural experiment for economic analysis, in that it has shown the inadequacy of the predominant theoretical framework - the New Neoclassical Synthesis (NNS) - grounded on the DSGE model. In this paper, we present a critical discussion of the theoretical,...
Persistent link: https://www.econbiz.de/10011457386