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Economic modeling in the post great recession era ed.1
This book contains, setting the context, dynamic adjustment in an economy: frictions matter, information: past imperfect, present incomplete, price adjustment and search for equilibrium, business investment: this time is different, corporate profits; reward, incentive, and that standard of living, labor market evolution: implication for private-sector and public-policy decision makers, inflation: when what you get isn't what you expect, interest rates and credit: capital markets in the post=great recession world, three-dimensional checkers: open economy, capital flows, and exchange rates
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