A Crash Course on Crises (ePub)
With alarming frequency, modern economies go through macro-financial crashes that arise from the financial sector and spread to the...
- Lastschrift, Kreditkarte, Paypal, Rechnung
- Kostenloser tolino webreader
An incisive overview of the macroeconomics of financial crises-essential reading for students and policy experts alike
With 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.
- Autoren: Markus K. Brunnermeier , Ricardo Reis
- 2023, 136 Seiten, Englisch
- Verlag: Bonnier Books UK
- ISBN-10: 0691221111
- ISBN-13: 9780691221113
- Erscheinungsdatum: 06.06.2023
Abhängig von Bildschirmgröße und eingestellter Schriftgröße kann die Seitenzahl auf Ihrem Lesegerät variieren.
- Dateiformat: ePub
- Größe: 3.97 MB
- Mit Kopierschutz
Schreiben Sie einen Kommentar zu "A Crash Course on Crises".
Kommentar verfassen