Financial crises

theory, history and policy

Eds. Charles P. Kindleberger, Jean-Pierre Laffargue. ------------------------------------------------------------------------ ------------------------------------------------------------------------ ------------------------------------------------------------------------ What can or should be done to ward off or alleviate the effect of financial crises? The papers in this book examine this question, focusing on particular crises, notably those of 1836, 1873, 1920 and 1929. Based on a ...

Experimenting with dynamic macromodels

growth and cycles

This book presents a macroeconomic dynamic model A la Solow-Swan, including the market for labour, in a discrete time structure. Labour supply is modelled as a reversed S curve (derived in the appendix). The models is expanded to include expenditure on R&D (thus endogenous ...

Modern financial macroeconomics

panics, crashes, and crises

This one-of-a-kind text examines the role that financial markets and institutions play in modern macroeconomics. Traditional economics downplays the function of financial systems in macroeconomic thought. Recently, however, economists have increasingly begun turning to microeconomic models of market failure in an effort to explain business ...

Asset pricing for dynamic economies

This introduction to general equilibrium modelling takes an integrated approach to the analysis of macroeconomics and finance. It provides students, practitioners, and policymakers with an easily accessible set of tools that can be used to analyze a wide range of economic phenomena. ÍNDICE: List of ...

Chain of blame

how Wall Street caused the mortgage and credit crisis

In the summer of 2007, the subprime empire that Wall Street had built all came crashing down. On average, fifty lenders a month were going bust - and the people responsible for the crisis included not just unregulated loan brokers and con artists, but also investment ...

Bailout

what the rescue of bear stearns and the credit crisis mean for your investments

In "Bailout", John Waggoner answers the essential questions surrounding recent market catastrophes - from the failure of Bear Stearns to the credit crisis - and reveals how you can protect your portfolio during these turbulent times. Waggoner offers a wide range of strategies to help your portfolio ...

Remontar las crisis

el desenvolvimiento de las organizaciones en su contexto

La palabra crisis en la Argentina y en el mundo de hoy, en especial en los comienzos de este nuevo milenio, se ha tornado de uso corriente. Se refiere a vivencias, experiencias y realidades dramáticamente cambiantes que han tenido que enfrentar en esta última década ...

The new golden age

the coming revolution against political corruption and economic chaos

In "The New Golden Age", bestselling author and economist Ravi Batra identifies the roadblocks to economic prosperity - and what we need to do to overcome them. Bringing the same insight and expertise that made books like "The Downfall of Capitalism and Communism" international bestsellers, Batra ...

Análisis de coyuntura: instrumentos e interpretación

(Revista Papeles de Economía Española, Nº111, año 2007)

La estabilidad como problema

(Revista Cuadernos de Información Económica, Nº 192, año 2006)

Stochastic dynamic macroeconomics

theory and empirical evidence

This is a book on stochastic dynamic macroeconomics from a Keynesian perpective. It shows that including Keynesian features in intertemporal models considerably contributes to resolve major puzzles arising in the context of the Dynamic General Equilibrium (DGE) model. It also demonstrates that including microeconomic intertemporal ...

The role of policymakers in business cycle fluctuations

The book's central theme is that a policymaker's role is to enhance the public's ability to co-ordinate their price information, price expectations, and economic activities. This role is fulfilled when policymakers maintain inflation stability. Inflation persists less when an implicit or explicit ...

Stochastic optimal control, international finance, and debt crises

This book focuses on the interaction between equilibrium real exchange rates, optimal external debt, endogenous optimal growth and current account balances, in a world of uncertainty. The theoretical parts result from interdisciplinary research between economics and applied mathematics. From the economic theory and the mathematics ...

Money, bank credit, and economic cycles

Can the market fully manage the money and banking sector? Jesús Huerta de Soto, professor of economics at the Universidad Rey Juan Carlos, Madrid, has made history with this mammoth and exciting treatise that it has and can again, without inflation, without business cycles, and ...

Japan's great stagnation

financial and monetary policy lessons for advanced economies

Experts on the Japanese economy examine Japan's prolonged period of economic underperformance, analyzing the ways in which the financial system, monetary policy, and international financial factors contributed to its onset and duration. After experiencing spectacular economic growth and industrial development for much of the ...

House prices and the macroeconomy

implications for banking and price stability

House price bubbles, and their aftermath, have become a focus of macro- economic policy concern in most developed countries. This book elucidates the two-way relationship between house-price fluctuations and economic fundamentals. Housing has many features which make it distinct from other assets, like equity. Real ...

Dynammic general equilibrium modelling

computational methods and applications

Ahead of the curve

a Commonsense guide to forecasting business and market cycles

Today's managers and investors are bombarded with so many conflicting economic reports and data that it seems impossible to know which way the market will turn until it's too late. Now, a thirty-five year "Wall Street" veteran enables managers and investors to stop ...

Teoría económica de las crisis monetarias y financieras y de los controles de capital

Implementing sustainable development

from global policy to local action