Article ID Journal Published Year Pages File Type
965503 Journal of Macroeconomics 2012 11 Pages PDF
Abstract
► Financial crises negatively and permanently affect potential output. ► Financial crises lower potential output by around 1.5-2.4%. ► The impact varies according to structural features of the economies.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
The effect of financial crises on potential output: New empirical evidence from OECD countries
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