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This survey features three parts. The first one covers the recent literature on domestic (i.e., country-specific) uncertainty and offers ten main takeaways. The second part reviews contributions on the fast-growing strand of the literature focusing on the macroeconomic effects of uncertainty...
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asymmetric information, game theory, and behavioral economics …The paper argues that any theory of deep downturns has to answer these questions: What is the source of the …
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theory, and behavioral economics. The paper argues that any theory of deep downturns has to answer these questions: What is …
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, globalization, and the theory of the natural rate of unemployment. The only place where there is evidence of substantive … eines Wandels der grundlegenden Ansichten zu Arbeitsmärkten, Globalisierung und der Theorie der natürlichen Rate der …
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theory remains unreformed, says Palley, and he warns of a return to failed policies if a deep crisis is averted. Since Post …
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