Matthieu Charpe, Carl Chiarella, Peter Flaschel

Financial Assets, Debt and Liquidity Crises

• Gebundenes Buch

Produktbeschreibung

This book shows how the Keynesian approach to business cycles can be used to explain and understand the current financial crisis.

Produktdetails

• Verlag: Cambridge University Press
• Seitenzahl: 458
• Erscheinungstermin: 21. Juli 2011
• Englisch
• Abmessung: 250mm x 175mm x 29mm
• Gewicht: 966g
• ISBN-13: 9781107004931
• ISBN-10: 1107004934
• Artikelnr.: 33159264

Autorenporträt

Matthieu Charpe works as an economist for the International Institute for Labour Studies at the International Labour Organization in Geneva.

Inhaltsangabe

List of figures
List of tables
Notation
Preface
1. Financial crises and the macroeconomy
Part I. The Nonlinear Dynamics of Credit and Debt Default: 2. Currency crises, credit crunches and large output loss
3. Mortgage loans, debt default and the emergence of banking crises
4. Debt deflation and the descent into economic depression
Part II. Theoretical Foundations for Structural Macroeconometric Model Building: 5. Keynesian macroeconometric model building: a point of departure
6. Intensive form and steady state calculations
7. Partial feedback structures and stability issues
Part III. Debt Crises: Firms, Banks and the Housing Markets: 8. Debt deflation: from low- to high-order macrosystems
9. Debt default, bankruptcy of firms, and banks' performances
10. Japan's institutional configuration and its financial crisis
11. Housing investment cycles, workers' debt and debt default
Bibliography.