Ordonez Guillermo L. - Macroeconomics And Financial Crises Bound Together By Information Dynamics - Hardcover Taxation & Duties Law Limits of the Numerical focuses

Ordonez Guillermo L. - Macroeconomics And Financial Crises Bound Together By Information Dynamics - Hardcover Taxation & Duties Law Limits of the Numerical focusesBinding: Hardcover Description: How financial crises are inherent features of macroeconomic dynamics There 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.

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