상세정보
Export to Refworks부가기능
Macroeconomics in times of liquidity crises : searching for economic essentials
상세 프로파일
| 자료유형 | 단행본 |
|---|---|
| 서명/저자사항 | Macroeconomics in times of liquidity crises : searching for economic essentials/ Guillermo A. Calvo. |
| 개인저자 | Calvo, Guillermo A.,author. |
| 발행사항 | Cambridge, MA: MIT Press, [2016]. |
| 형태사항 | 1 online resource. |
| 총서사항 | The Ohlin lectures |
| 기타형태 저록 | Original 9780262035415 0262035413 |
| ISBN | 9780262336017 0262336014 |
| 서지주기 | Includes bibliographical references and index. |
| 내용주기 | Preface; Introduction; I Toward the Liquidity Approach; 1 Financial Crises and the Slow Mutation of Conventional Wisdom; Crises in Emerging Market Economies: Onset; Crises in Emerging Market Economies: Recovery; The Subprime Crisis; Quantitative Easing, Tapering, and Central Bank Interest Rates; Summary and Next Step; 2 The Liquidity Approach to Financial Crises; Liquidity and Its Demise: Liquidity Crunch; A Resilient Dollar-The Price Theory of Money to the Rescue!; Multiple Currencies; Liquidity Crunch and Sudden Stops: Collateral Damage Policy Challenges under Liquidity Deflation, and Other Forms of Liquidity MischiefComplementary Notes on the Price Theory of Money; A Semantic Note; Summary and Implications; 3 Monetary Theory: Overview and Liquidity Extensions; Modeling "Money": Some Basic Issues; A Barebones Central Bank Rational Expectations Model; Accounting for Liquidity Effects: Demand Side; Accounting for Liquidity Effects: Supply Side; Banks and Credit; Monetary Theory in Times of Crisis: A Critical Assessment; 4 Nominal Anchoring with Liquid Monetary Policy Assets; Taylor's Principle and Total Liquidity Flexible PricesStaggered Prices; Closing Remarks; 5 Liquidity Crunch/Trap: Some Unconventional Output/Employment/ Growth Implications; Introduction; Basic Model; Monetary Policy and Growth; Slow Jobless/Wageless Recovery after Crisis: Key Items for the Research Agenda; Appendix; II Emerging Market Crises through the Lens of the Liquidity Approach; Introduction to Part II; 6 Systemic Sudden Stops: Crises and Recoveries in EMs; Methodology; Sudden Stop and Bank Credit Flows; Relative Prices; Aggregate Investment, Consumption, and Exports; Output Dynamics; Employment, Capital, and Measured TFP ConclusionsAppendixes; Appendix A Data; Appendix B Sample; Appendix C Statistical Tests; 7 Systemic Sudden Stops: The Relevance of Balance-Sheet Effects and Financial Integration; Basic Framework; Sudden Stops: Definition and Characterization; Determinants of Sudden Stops: Empirical Analysis; Conclusions; Appendix Tables; Data Appendix; Technical Appendix: Inference with RandomEffects Probits under Endogeneity; Notes; References; Index |
| 요약 | An examination of Liquidity Crunch in triggering and characterizing financial crises. |
| 일반주제명 | Liquidity (Economics) Financial crises. Money. Macroeconomics. Financial crises. Liquidity (Economics) Macroeconomics. Money. BUSINESS & ECONOMICS / Economics / Macroeconomics POLITICAL SCIENCE / Economic Conditions |
| 언어 | 영어 |
| 바로가기 |  |
