An incisive overview of the macroeconomics of financial crises—essential reading for students and policy experts alikeWith alarming frequency, modern economies go through macro-financial crashes that arise from the financial sector and spread to the broader economy, inflicting deep and prolonged recessions. A Crash Course on Crises brings together the latest cutting-edge economic research to identify the seeds of these crashes, reveal their triggers and consequences, and explain what policymakers can do about them.Each of the book’s ten self-contained chapters introduces readers to a key economic force and provides case studies that illustrate how that force was dominant. Markus Brunnermeier and Ricardo Reis show how the run-up phase of a crisis often occurs in ways that are preventable but that may go unnoticed and discuss how debt contracts, banks, and a search for safety can act as triggers and amplifiers that drive the economy to crash. Brunnermeier and Reis then explain how monetary, fiscal, and exchange-rate policies can respond to crises and prevent them from becoming persistent.With case studies ranging from Chile in the 1970s to the COVID-19 pandemic, A Crash Course on Crises synthesizes a vast literature into ten simple, accessible ideas and illuminates these concepts using novel diagrams and a clear analytical framework.
A Crash Course on Crises: Macroeconomic Concepts for Run-Ups Collapses and Recoveries
$735.00
ISBN
9780691221106
Categorías Economic & financial crises & disasters, ECONOMICS, ECONOMICS, ECONOMICS, ECONOMICS, FINANCE, BUSINESS AND INDUSTRY, MACROECONOMICS
Peso | 13.44 kg |
---|---|
ISBN13 | |
Author | |
Publisher | |
Binding | |
Lenguage | |
Publish Year | |
Edition | |
Pages |
Productos relacionados
-
Leading with Gratitude: Eight Leadership Practices for Extraordinary Business Results
$629.79 Añadir al carritoValorado con 0 de 5 -
Power Moves: How Women Can Pivot, Reboot, and Build a Career of Purpose
$608.79 Añadir al carritoValorado con 0 de 5 -
Everybody Lies: Big Data, New Data, and What the Internet Can Tell Us About Who We Really Are
$356.79 Añadir al carritoValorado con 0 de 5