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The economic crisis triggered by the COVID-19 virus is unique in economic history in its mode and rate of occurrence, global coverage, and consequences. The text reveals the mechanisms of the impact of health shock on the economy and the macroeconomic framework of mitigating and exiting the...
Persistent link: https://www.econbiz.de/10012608984
The significant damage of COVID-19 on the world economy forces us to reconsider a deep restructuration domestically and internationally in the next few years. This paper suggests a Post-COVID-19 reconstruction model is called “The National Domestic Economic AutoSustainability Model...
Persistent link: https://www.econbiz.de/10013249841
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asymmetric shocks. Whereas Mundell's (1961) seminal theory on optimum currency areas suggests depreciation in the face of crisis …
Persistent link: https://www.econbiz.de/10009012327
In this paper we argue that many topics in macroeconomics can be viewed as part of the broader theory of the economics …
Persistent link: https://www.econbiz.de/10013323559
General Theory. The first is that there may be a continuum of steady state unemployment rates. The second is that beliefs …-fulfilling. The paper reconciles Keynesian economics with general equilibrium theory without invoking the assumption of frictions that …
Persistent link: https://www.econbiz.de/10012463802
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In this paper it, we have conducted a factor analysis which implied determining the international research directions that have characterized the period following the outbreak of the crisis in 2007 and 2008-2011. In this research, we used secondary data that were extracted from 342 articles,...
Persistent link: https://www.econbiz.de/10012062283
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