Die mit großer Authenzität erzählte Geschichte vom Aufstieg und Niedergang der Investmentbank Lehman Brothers und ihrer Rettung durch das Weiße Haus, das Finanzministerium und die US-Notenbank gibt tiefe Einblicke in die internationale Finanzwirtschaft. (I. Müller-Boysen)

The covid-19 crisis has led to a sharp deterioration in firm and bank balance sheets. The government has responded with a massive intervention in corporate credit markets. We study equilibrium dynamics of macroeconomic quantities and prices, and how they are affected by government policy. The...

The covid-19 crisis has led to a sharp deterioration in firm and bank balance sheets. The government has responded with a massive intervention in corporate credit markets. We study equilibrium dynamics of macroeconomic quantities and prices, and how they are affected by government policy. The...