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Shocks, Crises, and False Alarms: How to Assess True Macroeconomic Risk

Posted By: hill0
Shocks, Crises, and False Alarms: How to Assess True Macroeconomic Risk

Shocks, Crises, and False Alarms: How to Assess True Macroeconomic Risk
English | 2024 | ISBN: 1647825407 | 320 Pages | EPUB | 34 MB

The shocks and crises of recent years—pandemic, recession, inflation, war—have forced executives and investors to recognize that the macroeconomy is now a risk to be actively managed. Yet unreliable forecasting, pervasive doomsaying, and whipsawing data severely hamper the task of decoding the landscape. Are disruptions transient and ephemeral—or permanent and structural? False alarms are costly traps, but so are true structural changes that go undetected.