Seminario nº18: The two greatest, Great Recession vs. Great Moderation

Great-Recession-02

Abstract: The collapse of the global economy in 2008, following the outbreak of the financial crisis, and the ensuing economic developments of the so-called Great Recession (GR), led many economists to suggest that the relative oasis in which we had lived for almost a quarter of a century, known as the Great Moderation (GM), had indeed…