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After the crisis : the way ahead

Author

Listed:
  • Giorgio Di Giorgio

    (LUISS - Libera Università Internazionale degli Studi Sociali Guido Carli [Roma])

  • Robert Gordon
  • Stefano Micossi

    (European Economic Studies Department - College of Europe)

  • Edmund Phelps

    (Center on Capitalism and Society - Columbia University [New York])

  • Christopher Pissarides
  • Jean-Paul Fitoussi

    (ECON - Département d'économie (Sciences Po) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique)

  • Francesco Saraceno

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

  • Jacopo Carmassi

    (LUISS - Libera Università Internazionale degli Studi Sociali Guido Carli [Roma])

  • Paola Parascandolo

    (LUISS - Libera Università Internazionale degli Studi Sociali Guido Carli [Roma])

  • Etienne Wasmer

    (ECON - Département d'économie (Sciences Po) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique)

Abstract

The 2007-2009 crisis has been christened "financial" because its most spectacular features did show up in the financial sector. But the crisis is a crisis because of its consequences on the real economy: the fall of GDP, teh rise of unemployment and the human distress caused by the loss of income and jobs. Indeed if it were not for these painful effects, why should we care?

Suggested Citation

  • Giorgio Di Giorgio & Robert Gordon & Stefano Micossi & Edmund Phelps & Christopher Pissarides & Jean-Paul Fitoussi & Francesco Saraceno & Jacopo Carmassi & Paola Parascandolo & Etienne Wasmer, 2010. "After the crisis : the way ahead," Post-Print hal-03397990, HAL.
    • Handle: RePEc:hal:journl:hal-03397990
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