000			01187nam a2200193 4500
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020			_a9780691227016
037			_cTextual
040			_aRTL _cRTL
084			_qRTL
100			_aGorton, Gary B. _9855912
245			_aMacroeconomics & financial crises: Bound together by information dynamics
260			_aPrinceton _bPrinceton University Press _c2023
300			_axvi, 192 p. _bIncludes bibliographical reference and index
520			_aThere are no bigger disruptions in the functioning of economies than financial crises. Yet prior to the crash of 2007–2008, macroeconomics incorporated financial crises simply as bad shocks, like earthquakes, failing to consider them as an intrinsic phenomenon of the evolution of macroeconomic variables, such as credit, investment, and productivity. Macroeconomics and Financial Crises rethinks how technological change, credit booms, and endogenous information production combine to generate financial crises as inherent and recurrent reactions to macroeconomic dynamics.
700			_aOrdonez, Guillermo L. _eCo-author _9855913
942			_2CC _n0 _cTEXL
999			_c1466208 _d1466208