Explain the potential link between innovations in fi nancial markets and output volatility since the 1980s. You
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Explain the potential link between innovations in fi nancial markets and output volatility since the 1980s. You should consider both the “Great Moderation” and the recession of 2007–2009 in your answer.
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Related Book For
Money Banking And Financial Markets
ISBN: 9780073375908
3rd Edition
Authors: Stephen Cecchetti, Kermit Schoenholtz
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