reaction 10

Watch the following two videos of Richard koo and answer the following question -in no more than 400 words-: What is the main thesis of Balance Sheet Recession and what do you think of it? What are the main policy recommendation to get out of recession.

Richard Koo – A “Balance Sheet Recession”

Richard Koo: Balance sheet recession (INET, 2013)


The presentation slides:

http://ineteconomics.org/sites/inet.civicactions.net/files/Presentation%20Koo.pdf

 

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