000 02587cam a2200361Ii 4500
001 ocn898177026
003 OCoLC
005 20240726104919.0
008 141216s2014 mau ob 001 0 eng d
040 _aNT
_beng
_erda
_epn
_cNT
_dYDXCP
_dNT
_dCDX
_dTEFOD
_dB24X7
_dSTF
_dJSTOR
_dTEFOD
_dIDEBK
020 _a9780262327701
_q((electronic)l(electronic)ctronic)
050 0 4 _aHB3722
_b.U534 2014
049 _aMAIN
100 1 _aRazin, Assaf,
_e1
245 1 0 _aUnderstanding global crises :
_ban emerging paradigm /
_cAssaf Razin.
260 _aCambridge, Massachusetts :
_bThe MIT Press,
_c(c)2015.
300 _a1 online resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
504 _a2
505 0 0 _aIntroduction --
_tThe 1990s and early 2000s --
_tThe 2008 global crisis --
_tThe crisis in the euro-zone --
_tAnalytics of financial fragility of banks --
_tAnalytics of credit frictions and market freezes --
_tAnalytics of bubbles and crises --
_tAnalytics of currency crises --
_tForeign investment and debt --
_tForeign investment in the presence of liquidity shocks --
_tInflation-output tradeoff with friction-less credit --
_tDe-leveraging and liquidity trap --
_tAmplication and persistency of shocks in dynamic macroeconomic models --
_tEpilogue.
520 0 _aThis book offers a review of an emerging paradigm that is consistent with the key features of recent global financial crises. This paradigm presents in a transparent way basic analytical elements of the theories of financial and monetary crises and how these elements fit together in macroeconomic analysis of global crises. Razin surveys the credit implosion that led to a severe banking crisis in Japan in the 1990s, the Asian financial crisis that began in 1997, the global meltdown of 2008, and the Euro-zone crisis. He reviews the analytics of financial fragilities, credit frictions, currency crises, and balance of payments crises, and addresses international capital flows with information frictions. --
_cEdited summary from book.
530 _a2
_ub
650 0 _aFinancial crises.
650 0 _aInvestments, Foreign.
655 1 _aElectronic Books.
856 4 0 _uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=926327&site=eds-live&custid=s3260518
_zClick to access digital title | log in using your CIU ID number and my.ciu.edu password
942 _cOB
_D
_eEB
_hHB
_m2015
_QOL
_R
_x
_8NFIC
_2LOC
994 _a92
_bNT
999 _c82657
_d82657
902 _a1
_bCynthia Snell
_c1
_dCynthia Snell