Macroeconomics and financial crises : bound together by information dynamics /

No hay mayores perturbaciones en el funcionamiento de las economías que las crisis financieras. Sin embargo, antes del crack de 2007-2008, la macroeconomía incorporaba las crisis financieras simplemente como perturbaciones negativas, como los terremotos, sin considerarlas un fenómeno intrínseco de l...

• Main Author: Gorton, Gary B. (autor)
• Other Authors: Ordoñez, Guillermo L (autor)
• Format: Book
• Language: English
• Published: New Jersey, NJ : Princeton University Press, ©2023
• Edition: 1st edition
• Subjects: CRISIS FINANCIERA; MACROECONOMIA; CREDITOS; TECNOLOGIA; BANCO CENTRAL; BOLSA; ANALISIS MACROECONOMICO; TEORIA MACROECONOMICA; BOLSA DE COMERCIO; BOLSA DE VALORES; PARQUET

Table of Contents:

• List of figures
• List of tables
• Preface
• 1. Crises, credit, and macro facts
• 2. Collateral and information
• 3. Credit booms and financial crises
• 4. Technology and financial crises
• 5. The crises prevention role of stock markets
• 6. The crises-fighting role of central banks
• 7. Financial thoughts
• Appendix A: proofs
• Appendix B: additional tables and figures
• Notes
• Bibliography
• Index.