TACKLING THE CRISIS – AN ASSESSMENT MODEL
TACKLING THE CRISIS – AN ASSESSMENT MODEL

Summary/Abstract: The main contribution of this article is the design of a model for the economic crises. At the depth level of this model are concepts like saving, investment, money and goods, while at its intermediate level are mainly concepts referring to the public policies like quantitative easing and interest rate and at the surface level are concepts referring to the exceptional behavior of different variables present in the diverse economic functions. I test that the diverse responses to the recent crisis against this model and I discuss the social and economic implications”.

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