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Over the past two years, the key trading economies in SE Asia experienced major economic crises, involving financial … macroeconomic consequences of the Asia crisis and their predictability from the perspective of the OECD countries. In doing so it … examines some of the major aspects of the Asia crisis, its effects on the world situation and their predictability, assisted by …
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Monitoring the behavior of potential output helps policymakers implement appropriate policies in response to an economic crisis. In the short-run, estimates of the output gap can guide the timing of the implementation and withdrawal of stimulus measures. In the medium- to long-term, these...
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This paper analyzes the effects of 'shocks' to community-level unemployment expectations, induced by the onset of the Great Recession, on children's mental well-being. The Australian experience of the Great Recession represents a unique case study as despite little change in actual unemployment...
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