A Crash Course on Crises by Markus K. Brunnermeier

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epub | 4.07 MB | N/A | Isbn:9780691221106 | Author: Markus K. Brunnermeier | Year: 2023
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Description:

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.

https://rapidgator.net/file/b6a07f030fd0f3727185ddf22fe2dcb3/A.Crash.Course.on.Crises_.Macroeconomic.Concepts.for.Run-Ups.Collapses.and.Recoveries.by.Ricardo.Reis..rar

https://alfafile.net/file/AuJTC/A.Crash.Course.on.Crises_.Macroeconomic.Concepts.for.Run-Ups.Collapses.and.Recoveries.by.Ricardo.Reis..rar

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