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Risk Topography High quality books

Risk Topography
By:Markus Brunnermeier,Arvind Krishnamurthy
Published on 2014-10-17 by University of Chicago Press

The recent financial crisis and the difficulty of using mainstream macroeconomic models to accurately monitor and assess systemic risk have stimulated new analyses of how we measure economic activity and the development of more sophisticated models in which the financial sector plays a greater role. Markus Brunnermeier and Arvind Krishnamurthy have assembled contributions from leading academic researchers, central bankers, and other financial-market experts to explore the possibilities for advancing macroeconomic modeling in order to achieve more accurate economic measurement. Essays in this volume focus on the development of models capable of highlighting the vulnerabilities that leave the economy susceptible to adverse feedback loops and liquidity spirals. While these types of vulnerabilities have often been identified, they have not been consistently measured. In a financial world of increasing complexity and uncertainty, this volume is an invaluable resource for policymakers working to improve current measurement systems and for academics concerned with conceptualizing effective measurement.

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Book which was published by University of Chicago Press since 2014-10-17 have ISBNs, ISBN 13 Code is 9780226092645 and ISBN 10 Code is 022609264X

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Book which have "288 Pages" is Printed at BOOK under CategoryBusiness and Economics

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