A Crash Course on Crises: Macroeconomic Concepts for Run-Ups, Collapses, and Recoveries (English Edition)
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A Crash Course on Crises: Macroeconomic Concepts for Run-Ups, Collapses, and Recoveries (English Edition)
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.
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- ASIN : B0BPK4N8Q7
- Editora : Princeton University Press (6 junho 2023)
- Idioma : Inglês
- Tamanho do arquivo : 6962 KB
- Leitura de texto : Habilitado
- Leitor de tela : Compatível
- Configuração de fonte : Habilitado
- X-Ray : Não habilitado
- Dicas de vocabulário : Habilitado
- Número de páginas : 122 páginas
- ISBN da fonte dos números de páginas : 0691221103
- Ranking dos mais vendidos: Nº 56,326 em Loja Kindle (Conheça o Top 100 na categoria Loja Kindle)
- Nº 4 em Importados sobre Dívida e Déficits
- Nº 4 em Importados sobre Finanças Públicas
- Nº 24 em Importados sobre Condições Econômicas Internacionais
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A Crash Course on Crises: Macroeconomic Concepts for Run-Ups, Collapses, and Recoveries (English Edition)
R$ 169,00