A Crash Course on Crises
Language: English
Published by Princeton University Press, 2025
- Softcover
- New

Seller: PBShop.store US, Wood Dale, IL, U.S.A.PBShop.store US
AbeBooks seller since April 7, 2005
Condition: New
US$ 27.91
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Add to basketItem description from seller
Seller Inventory # WP-9780691223186
- Title
- A Crash Course on Crises
- Author
- Markus K. Brunnermeier
- Publisher
- Princeton University Press
- Publication year
- 2025
- Condition
- New
- Binding
- PAP
- Language
- English
- ISBN 10
- 0691223181
- ISBN 13
- 9780691223186
- Item weight
- 200 grams
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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PBShop.store US
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