Macroeconomics: Institutions, Instability, and the Financial System by Carlin, Wendy, Soskice, David

by David Soskice (Contributor), David Soskice (Contributor), Wendy Carlin (Author)

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  Carlin and Soskice integrate the financial system with a model of the macro-economy. In doing this, they take account of the gaps in the mainstream model exposed by the financial crisis and the Eurozone crisis. This equips the reader with a realistic modelling framework to analyse the economy both in crisis times and in periods of stability.