Crash Course on Crises
Crash Course on Crises An incisive overview of the macroeconomics of financial crises--essential reading for students and policy experts alikeWith alarming frequency, modern economies go through…
Specifikacia Crash Course on Crises
Crash Course on Crises
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. Markus Brunnermeier and Ricardo Reis show how the run-up phase of a crisis often occurs in ways that are preventable but which may go unnoticed, and discuss how debt contracts, banks, and a 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.
Crash Course on Crises
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