"No one saw this coming": understanding financial crisis through accounting models
"This paper presents evidence that accounting (or flow-of-fund) macroeconomic models helped anticipate the credit crisis and economic recession. Equilibrium models ubiquitous in mainstream policy and research did not. This study identifies core differences, traces their intellectual pedigrees,...
| Main Author: | |
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| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Munich
2010
MPRA |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19184161124919023439-No-one-saw-this-coming-underst.htm |
