Brand, Thomas; Tripier, Fabien - Centre d'études prospectives et d'informations … - 2014
-2009? To explain this divergence, we provide a structural interpretation of these episodes through the estimation of a business … idiosyncratic uncertainty in the financial sector, have played a crucial role in the divergence with the absence of risk reversal in … at the origin of the double-dip recession in the Euro area. A companion website is available at http://shiny.cepii.fr/risk-shocks-and-divergence. …