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Buch (Hardcover): Fachbuch
A Crash Course on Crises
Macroeconomic Concepts for Run-Ups, Collapses, and Recoveries
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Unsere-Artikel-Nr.: K9E358R
EAN: 9780691221106
Auf Lager:
1
Zustellung: Mo, 15.06.2026
Versand: Kostenlos
-11.7 %
CHF 51.50
CHF 45.50
Beschreibung
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.
Spezifikationen
Sprache
- Englisch
Autor
- Ricardo Reis
- Markus K. Brunnermeier
Erscheinungsjahr
- 2023
Format
- Buch (Hardcover)
Anzahl Seiten
- 136