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The Resource Macroeconomics in times of liquidity crises : searching for economic essentials, Guillermo Calvo

Macroeconomics in times of liquidity crises : searching for economic essentials, Guillermo Calvo

Label
Macroeconomics in times of liquidity crises : searching for economic essentials
Title
Macroeconomics in times of liquidity crises
Title remainder
searching for economic essentials
Statement of responsibility
Guillermo Calvo
Creator
Subject
Language
eng
Summary
"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 crises. Calvo shows that a sharp focus on liquidity reveals some characteristics of liquid assets that are easy to miss otherwise. He considers the role of liquidity and argues for liquidity's centrality, presenting what he calls the 'liquidity approach.' He shows that simple extensions of standard monetary models help rationalize the implications of the liquidity crunch, and then examines slightly more technical models that highlight liquidity issues. He explores the empirical effects of the liquidity crunch by studying Systemic Sudden Stops (of capital inflows) and suggests that they are triggered by liquidity crunch-like phenomena"--
Member of
Assigning source
Provided by publisher
Cataloging source
DLC
http://library.link/vocab/creatorName
Calvo, Guillermo A
Illustrations
illustrations
Index
index present
Literary form
non fiction
Nature of contents
bibliography
Series statement
The Ohlin lectures
http://library.link/vocab/subjectName
  • Liquidity (Economics)
  • Financial crises
  • Money
  • Macroeconomics
Label
Macroeconomics in times of liquidity crises : searching for economic essentials, Guillermo Calvo
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 217-231) and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
Toward the liquidity approach -- Financial crises and the slow mutation of conventional wisdom -- The liquidity approach to financial crises -- Monetary theory : overview and liquidity extensions -- Nominal anchoring with liquid monetary policy assets -- Liquidity crunch/trap : some unconventional output/employment/growth implications
Control code
ocn946160466
Dimensions
21 cm.
Extent
xxi, 241 pages
Isbn
9780262035415
Lccn
2016016503
Media category
unmediated
Media MARC source
rdamedia
Other physical details
illustrations
System control number
(OCoLC)946160466
Label
Macroeconomics in times of liquidity crises : searching for economic essentials, Guillermo Calvo
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 217-231) and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
Toward the liquidity approach -- Financial crises and the slow mutation of conventional wisdom -- The liquidity approach to financial crises -- Monetary theory : overview and liquidity extensions -- Nominal anchoring with liquid monetary policy assets -- Liquidity crunch/trap : some unconventional output/employment/growth implications
Control code
ocn946160466
Dimensions
21 cm.
Extent
xxi, 241 pages
Isbn
9780262035415
Lccn
2016016503
Media category
unmediated
Media MARC source
rdamedia
Other physical details
illustrations
System control number
(OCoLC)946160466

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