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E32

( 1 - Publication )
2014-05-16 What if you were German? – DSGE approach to the Great Recession on labour markets
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In this paper we utilize an open economy DSGE model to analyse factors behind the Great Recession and its transmission into labour markets of selected Southern European countries. We introduce a number of shocks which form potential sources of macroeconomic disturbances, in particular: foreign demand, ...
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