The study does not include factor endowment effects due to its short time horizon. These elements are determined by simulations using the CGE model and are then used as inputs for the micro module. The 2008-2011 sub-period includes the years where the effects of the crisis are actually simulated. The year 2010 is presented as the year of gradual recovery. We include 2011 in the analysis to foresee the extent to which this recovery will be reinforced.