UID:
almafu_9959231179902883
Umfang:
1 online resource (xv, 595 pages) :
,
digital, PDF file(s).
ISBN:
1-107-15529-0
,
1-280-30903-2
,
0-511-14080-0
,
0-511-14034-7
,
0-511-13903-9
,
0-511-51075-6
,
0-511-30100-6
,
0-511-14003-7
Inhalt:
Economic volatility has come into its own after being treated for decades as a secondary phenomenon in the business cycle literature. This evolution has been driven by the recognition that non-linearities, long buried by the economist's penchant for linearity, magnify the negative effects of volatility on long-run growth and inequality, especially in poor countries. This collection organizes empirical and policy results for economists and development policy practitioners into four parts: basic features, including the impact of volatility on growth and poverty; commodity price volatility; the financial sector's dual role as an absorber and amplifier of shocks; and the management and prevention of macroeconomic crises. The latter section includes a cross-country study, case studies on Argentina and Russia, and lessons from the debt default episodes of the 1980s and 1990s.
Anmerkung:
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
,
Volatility : definitions and consequences / Holger Wolf -- Volatility and growth / Viktoria Hnatkovska and Norman Loayza -- Volatility, income distribution, and poverty / Thomas Laursen and Sandeep Mahajan -- Agricultural commodity price volatility / Jan Dehn, Christopher Gilbert, and Panos Varangis -- Managing oil booms and busts in developing countries / Julia Devlin and Michael Lewin -- Finance and volatility / Stijn Claessens -- Evaluating pricing signals from the bond markets / John J. Merrick, Jr. -- Managing macroeconomic crises : policy lessons / Jeffrey Frankel and Shang-Jin Wei -- Lessons from the Russian crisis of 1998 and recovery / Brian Pinto, Evsey Gurvich, and Sergei Ulatov -- Argentina's macroeconomic collapse : causes and lessons / Luis Servén and Guillermo Perry -- Default episodes in the 1980s and 1990s : what have we learned? / Punam Chuhan and Federico Sturzenegger.
,
English
Weitere Ausg.:
ISBN 0-521-16859-7
Weitere Ausg.:
ISBN 0-521-85524-1
Sprache:
Englisch
URL:
Volltext
(lizenzpflichtig)
URL:
https://doi.org/10.1017/CBO9780511510755
