{"product_id":"a-crash-course-on-crises-macroeconomic-concepts-for-run-ups-collapses-and-recoveries","title":"A Crash Course on Crises: Macroeconomic Concepts for Run-Ups, Collapses, and Recoveries","description":"An incisive overview of the macroeconomics of financial crises—essential reading for students and policy experts alike\n\nWith 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.\n\nEach 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.\n\nWith 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.\u003cbr\u003eASIN: 0691221103\u003cbr\u003eVSKU: PKV.0691221103.VG\u003cbr\u003eCondition: Very Good\u003cbr\u003eAuthor\/Artist:Brunnermeier, Markus K.|Reis, Ricardo\u003cbr\u003eBinding: Hardcover\u003cbr\u003e\u003cb\u003eNote:\u003c\/b\u003e Any images shown are stock photographs and product may differ from what is shown.  \u003cbr\u003e\u003cb\u003eCondition Notes\u003c\/b\u003e: Excellent condition with just a hint of character. Minor signs of love, but the pages are still clean and ready for adventure.  \u003cbr\u003e","brand":"Aspen Book Company","offers":[{"title":"Default Title","offer_id":52586787012895,"sku":"PKV.0691221103.VG","price":15.34,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0894\/0470\/3007\/files\/0691221103-0.jpg?v=1780247577","url":"https:\/\/www.aspenbookco.com\/products\/a-crash-course-on-crises-macroeconomic-concepts-for-run-ups-collapses-and-recoveries","provider":"Aspen Book Company","version":"1.0","type":"link"}