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The second great contraction : a Princeton shorts selection form This time is different /

Throughout history, rich and poor countries alike have been lending, borrowing, crashing--and recovering--their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this time is different"--Claiming that the old rules of valuation no longer apply and...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Reinhart, Carmen M.
Otros Autores: Rogoff, Kenneth S.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Princeton : Princeton University Press, ©2009.
Colección:Princeton shorts.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 4 |a The second great contraction :  |b a Princeton shorts selection form This time is different /  |c Carmen M. Reinhart, Kenneth S. Rogoff. 
260 |a Princeton :  |b Princeton University Press,  |c ©2009. 
300 |a 1 online resource (pages 200-407) :  |b illustrations 
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504 |a Includes bibliographical references. 
520 |a Throughout history, rich and poor countries alike have been lending, borrowing, crashing--and recovering--their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this time is different"--Claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study, leading economists Carmen Reinhart and Kenneth Rogoff definitively prove them wrong. Covering sixty-six countries across five continents, This Time Is Different presents a comprehensive look at the varieties of financial crises, and guides us through eight astonishing centuries of government defaults, banking panics, and inflationary spikes--from medieval currency debasements to today's subprime catastrophe. Carmen Reinhart and Kenneth Rogoff, leading economists whose work has been influential in the policy debate concerning the current financial crisis, provocatively argue that financial combustions are universal rites of passage for emerging and established market nations. The authors draw important lessons from history to show us how much--or how little--we have learned. 
505 0 |a Cover; Title Page; Copyright Page; Authors' Note; The U.S. Subprime Meltdown and the Second Great Contraction; 13 -- The U.S. Subprime Crisis: An International and Historical Comparison; 14 -- The Aftermath of Financial Crises; 15 -- The International Dimensions of the Subprime Crisis: The Results of Contagion or Common Fundamentals?; 16 -- Composite Measures of Financial Turmoil; Notes; About the Authors 
546 |a English. 
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650 0 |a Financial crises  |v Case studies. 
650 0 |a Fiscal policy  |v Case studies. 
650 6 |a Cycles économiques  |v Études de cas. 
650 6 |a Politique fiscale  |v Études de cas. 
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700 1 |a Rogoff, Kenneth S. 
730 0 |a This time is different. 
776 0 8 |i Print version:  |a Reinhart, Carmen M.  |t Second great contraction.  |d Princeton : Princeton University Press, ©2009  |w (DLC) 2009022616 
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