Economie et Statistique / Economics and Statistics n° 494-495-496 - 2017The crisis, ten years after

Economie et Statistique / Economics and Statistics
Paru le : 11/10/2017

Introduction – Ten long years of crisis

Daniel Cohen
Economie et Statistique / Economics and Statistics
Paru le : 11/10/2017

Abstract

The crisis celebrates its tenth anniversary, offering economists a lesson in modesty and a great opportunity to take a new look at their understanding of the world. The effect of a zero lower bound on interest rates on the efficiency of economic policies, the Keynesian multiplier measure, the issue of the growth slowdown being a cause or consequence of the crisis, the effect of rising uncertainties on households’ and firms’ behaviour, the effectiveness of macro-prudential stabilisation, the impact of inequalities on the functioning of the credit market, the way in which the coordination of macro-economic policies in Europe is designed and promoted: all these crucial questions are part of the economists’ research programme, and this special issue offers a rich review of the progress already achieved.

Article (pdf, 467 Ko)

To cite this article

Cohen, D. (2017). Introduction – Ten long years of crisis. Economie et Statistique / Economics and Statistics, 494-495-496, 5-10. DOI: 10.24187/ecostat.2017.494t.1915

Documentation

Summary (pdf, 305 Ko)