I would say endogenous to the system broadly considered, not necessarily to GDP growth per se.
On Thu, May 28, 2009 at 12:57 PM, Sabri Oncu <[email protected]> wrote: > Max: > >> If by turmoil we mean financial collapse, seems to me this goes to the >> design (sic) of the financial system, not 'the sort of growth we were >> pursuing.' At least, not very directly. > > I beg to differ Max. > > Here is a question: > > Is this financial system exogenous or endogenous to the broader system > in which we are pursuing "the sort of growth we were pursuing"? > > Best, > Sabri > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
