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gleichkam. Was jedoch die empirische Beweislage mit Hinblick auf Kreditrationierung im Allgemeinen und die Credit Crunch …
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The paper shows that structural models of the IS-LM and Mundell-Fleming variety have a lot to tell about the macroeconomics of the current global crisis. In addition to demonstrating how the emergence of risk premiums in money and capital markets may drive economies into recessions, it shows the...
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