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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w26229 |
来源ID | Working Paper 26229 |
A Crash Course on the Euro Crisis | |
Markus K. Brunnermeier; Ricardo Reis | |
发表日期 | 2019-09-09 |
出版年 | 2019 |
语种 | 英语 |
摘要 | The financial crises of the last twenty years brought new economic concepts into classrooms discussions. This article introduces undergraduate students and teachers to seven of these models: (i) misallocation of capital inflows, (ii) modern and shadow banks, (iii) strategic complementarities and amplification, (iv) debt contracts and the distinction between solvency and liquidity, (v) the diabolic loop, (vi) regional flights to safety, and (vii) unconventional monetary policy. We apply each of them to provide a full account of the euro crisis of 2010-12. |
主题 | Other ; General, Teaching ; Macroeconomics ; Money and Interest Rates ; Monetary Policy ; International Economics ; International Finance ; Financial Economics |
URL | https://www.nber.org/papers/w26229 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583901 |
推荐引用方式 GB/T 7714 | Markus K. Brunnermeier,Ricardo Reis. A Crash Course on the Euro Crisis. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w26229.pdf(691KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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