A Crash Course on Crises: Macroeconomic Concepts for Run-Ups, Collapses, and Recoveries

Compare Textbook Prices for A Crash Course on Crises: Macroeconomic Concepts for Run-Ups, Collapses, and Recoveries  ISBN 9780691221106 by Brunnermeier, Markus K.,Reis, Ricardo
Authors: Brunnermeier, Markus K.,Reis, Ricardo
ISBN:0691221103
ISBN-13: 9780691221106
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Details about A Crash Course on Crises: Macroeconomic Concepts for Run-Ups, Collapses, and Recoveries:

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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I have a graduate degree in Financial Economics from the City, University of London and have tutored for 2 years while in London. I moved to Boston recently and got my MBA. I also have a 720 in GMAT. My students have experienced a 2 point improvement in their grades (i.e., C to an A-) over 4 weeks of teaching. I am an entrepreneur by profession; I run a healthy functional seltzer company. Teaching is my passion and I teach outside of this; it gives me great joy when I can unlock a student's potential and empower them to do well in their exams. Read more

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