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 d… Celý popis ↓
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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.
Parametre
- Výrobca
- Princeton University Press
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