{"product_id":"a-crash-course-on-crises-von-markus-k-brunnermeier","title":"A Crash Course on Crises","description":"\u003cp\u003e\"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\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9780691221106\"\u003e\u003ch3\u003eMacroeconomic Concepts for Run-Ups, Collapses, and Recoveries\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Hardcover - 9780691221106","offer_id":40881634148445,"sku":"9780691221106","price":37.5,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/ffd2be4c-30a7-456d-aa64-c5006df8f700.jpg?v=1780113724","url":"https:\/\/shop.autorenwelt.de\/products\/a-crash-course-on-crises-von-markus-k-brunnermeier","provider":"Autorenwelt Shop","version":"1.0","type":"link"}