Macroeconomics in Times of Liquidity Crises: Searching for Economic Essentials (Ohlin Lectures)
In this volume of the Ohlin Lectures, Guillermo A. Calvo examines macroeconomics in the context of liquidity crises. The book searches for essential economic principles useful for understanding financial instability, monetary conditions, and the policy questions that arise when liquidity becomes a central concern.
About This Book
Macroeconomics in Times of Liquidity Crises examines central questions in macroeconomic thought during periods of financial stress.
Guillermo A. Calvo focuses on the economic essentials that can help frame analysis of liquidity crises and their broader implications.
As part of the Ohlin Lectures, the book presents a focused contribution to the study of macroeconomics, monetary conditions, and financial instability.
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