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How to Forecast Economic Developments During and After Crises
Erich W. Streissler, Gunther Tichy
Verlag Österreichische Akademie der Wissenschaften Verlag, 2012
ISBN 9783700172772 , 128 Seiten
Format PDF, OL
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Contents
6
Preface
8
Previous Publications
9
Could we have foreseen the financial crisis?
10
Why did policy ignore the harbingers of the crisis?
30
Regulation of the banking sector
49
Saving and Investment in the Long Run
64
Using Economic Theory for Forecasting
72
“i.i.d.”? or: On So-called Precise Statements in Economics1
76
The Financial Market Crisis
92
Rare Events: Varying Asset Price Variances
101
Waiting for Financial Consolidation
108
Forecasting World Trends During the 2010s
118
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