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020 _a0691221103
020 _a9780691221106
020 _z9780691221113
035 _a(OCoLC)on1338132854
041 _aeng
042 _apcc
082 _a332 BRU
100 1 _aBrunnermeier, Markus Konrad
245 1 2 _aA Crash Course On Crises: Macroeconomic Concepts For Run-Ups Collapses And Recoveries
_b
260 _aNew Jersey
_bPrinceton Univeinrity Pres
_c2023
264 1 _aPrinceton :
_bPrinceton University Press,
_c[2023]
264 4 _c©2023
300 _a123 pages :
_billustrations (black and white) ;
_c25 cm
336 _atext
_btxt
_2rdacontent
336 _astill image
_bsti
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
504 _aIncludes bibliographical references (pages 117-120) and index.
520 _a"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."--Amazon.com
650 0 _aFinancial Crises; Macroeconomics
650 6 _aMacroéconomie.
650 7 _aFinancial crises
650 7 _aMacroeconomics
700 1 _aReis, Ricardo,
776 0 8 _iebook version :
_z9780691221113
906 _a7
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