Florian Jung

The macroeconomics of financial crises (2009)

Manfred Gärtner, Florian Jung

The paper shows that structural models of the IS-LM and Mundell-Fleming variety have a lot to tell about the macroeconomics of the current global crisis. In addition to demonstrating how the...

The macroeconomics of financial crises: How risk premiums, liquidity traps and perfect traps affect policy options

Manfred Gärtner, Florian Jung

The paper shows that structural models of the IS-LM and Mundell-Fleming variety have a lot to tell about the macroeconomics of the current global crisis. In addition to demonstrating how the...