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Macroeconomics in Times of Liquidity Crises: Searching for Economic Essentials (Ohlin Lectures)

Guillermo A. Calvo




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 | #779594 in eBooks |  2016-10-28 |  2016-10-28 | File type: PDF

||0 of 0 people found the following review helpful.| Great book|By Sergio Javier Lopez Toledo|It is a great book!!! Profesor Calvo is one of the best macroeconomist of our time and his new book is a must for every student. The book arrived on time and well packed, thanks a lot.|0 of 0 people found the following review helpful.| Five Stars|By Terry|very interesting... ||A basic definition of liquidity in economics refers to how easy it is to convert an asset to cash. Liquidity is fickle in times of crisis and yet its role is often overlooked in standard crises explanations. Guillermo Calvo's elegant analysis of the elus

Since the subprime mortgage crisis that began in 2007, advanced economies have felt a nagging sense of insecurity. In parallel, the profession has witnessed phenomena that are alien to mainstream macroeconomic models. Financial crises are systemic, occurring simultaneously in different economies. In this book, Guillermo Calvo focuses on liquidity factors as a commonality in financial crises. Specifically, he examines the role of "liquidity crunch" in triggering c...

You easily download any file type for your gadget.Macroeconomics in Times of Liquidity Crises: Searching for Economic Essentials (Ohlin Lectures)   |  Guillermo A. Calvo.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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