Structural analysis in times of crisis

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Quarterly selection of articles - Bulletin de la Banque de France, 2011, issue 21, 89-100

Abstract: The financial crisis of 2007 triggered the biggest global recession since the Great Depression. Although economies are gradually becoming more stable and overcoming the initial shock, the effects of the recession are still at work through distortions in savings, the deterioration in the labour market and the strong pressures that stimulus packages are exerting on government finances.

Keywords: crisis; labour market; inequalities; savings; fiscal consolidation; economic modelling. (search for similar items in EconPapers)
JEL-codes: D52 D58 D63 D91 E32 E52 E62 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:bfr:quarte:2011:21:05

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