From Contagion to Incoherence: Toward a model of the unfolding Eurozone Crisis | Intervalles |







This post offers readers a fully-fledged analytical model of the unfolding Eurozone Crisis. It begins with a macro-economic analysis of the Crisis’ causes and then, importantly, models the feedback between Europe’s institutional and policy responses and the contagion process that began with Greece. For the fully-fledged (wonkish) version of the paper,




click here ( ). What follows below is a maths-free summary of each of the paper’s sections.





Via Ioannis, oAnth - "offene Ablage: nothing to hide"