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up with a strategy on how to best manage the economy and deal with the fallout of the public health shock, especially on …/paper looks more closely at that episode, dissecting the macroeconomic impact of the coronavirus, viewing it up close through its …
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A Real Business Cycle model of the UK is developed to account for the behaviour of UK nonstationary macro data. The model, when tested by the method of indirect inference, can explain the behaviour of main variables (GDP, real exchange rate, real interest rate). We use it to explain how 'crisis'...
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prolonged? This paper takes the view that initial economic conditions before the eruption of an adverse external shock matter …
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