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portada Managing Economic Volatility and Crises: A Practitioner's Guide
Type
Physical Book
Year
2011
Language
English
Pages
614
Format
Paperback
ISBN
0521168597
ISBN13
9780521168595

Managing Economic Volatility and Crises: A Practitioner's Guide

Aizenman; Pinto (Author) · Cambridge University Press · Paperback

Managing Economic Volatility and Crises: A Practitioner's Guide - Aizenman; Pinto

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Origin: Spain (Import costs included in the price)
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Synopsis "Managing Economic Volatility and Crises: A Practitioner's Guide"

Over the past ten years, economic volatility has come into its own after being treated for decades as a secondary phenomenon in business cycle literature. This evolution has been driven by the recognition of the permanent negative effects of volatility on long-run growth and inequality, especially in poor countries. After presenting basic features of volatility, this volume investigates commodity price volatility as an absorber and amplifier of shocks. The collection then examines macroeconomic crises, which are driven by the same phenomena that make volatility difficult to treat effectively.

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