{"product_id":"a-crash-course-on-crises-markus-k-brunnermeier-9780691221106","title":"A Crash Course on Crises: Macroeconomic Concepts for Run-Ups, Collapses, and Recoveries","description":"\u003cp\u003e\u003cb\u003eAn incisive overview of the macroeconomics of financial crises--essential reading for students and policy experts alike\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eWith 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. \u003ci\u003eA Crash Course on Crises\u003c\/i\u003e 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. \u003cp\u003e\u003c\/p\u003eEach 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. \u003cp\u003e\u003c\/p\u003eWith case studies ranging from Chile in the 1970s to the COVID-19 pandemic, \u003ci\u003eA Crash Course on Crises\u003c\/i\u003e synthesizes a vast literature into ten simple, accessible ideas and illuminates these concepts using novel diagrams and a clear analytical framework.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Markus K. Brunnermeier, Ricardo Reis\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0691221103\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780691221106\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Princeton University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 06\/06\/2023\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 136\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.80lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.40h x 6.00w x 0.70d","brand":"Markus K. Brunnermeier","offers":[{"title":"Hardcover","offer_id":44191039095039,"sku":"9780691221106","price":35.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_134c1051-b3e6-4f7c-8f72-6a7d5508dedf.jpg?v=1690873658","url":"https:\/\/www.whiterainbookhouse.com\/products\/a-crash-course-on-crises-markus-k-brunnermeier-9780691221106","provider":"WR Book House","version":"1.0","type":"link"}