Structural analysis in times of crisis.

Abstract

The financial crisis of 2007 triggered the biggest global recession since the Great Depression. Although economies are gradually becoming more stable and overcoming the initial shock, the effects of the recession are still at work through distortions in savings, the deterioration in the labour market and the strong pressures that stimulus packages are exerting on government finances.crisis, labour market, inequalities, savings, fiscal consolidation, economic modelling.