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Reis Ricardo

Reis Ricardo - A Crash Course On Crises Macroeconomic Concepts For Run - Ups Collapses And Recoveries - Hardcover

Reis Ricardo - A Crash Course On Crises Macroeconomic Concepts For Run - Ups Collapses And Recoveries - Hardcover

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Binding: Hardcover
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.
Title: A Crash Course On Crises Macroeconomic Concepts For Run - Ups Collapses And Recoveries
Author(s): Reis Ricardo
Publisher: Princeton University Press
Barcode: 9780691221106
Pages: 136 Pages, 32 B/W Illus.
Publication Date: 6/6/2023
Category: Economic & Financial Crises & Disasters
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