
Crisis Cycle
challenges, evolution, and future of the euro
$87.98
- Hardcover
328 pages
- Release Date
23 September 2025
Summary
Crisis Cycle: How the Euro Survived and How to Make it Stronger
The euro has weathered unprecedented crises: the financial meltdown of 2007-2009, the sovereign debt crisis of 2010-2012, the pandemic, and the Russian invasion of Ukraine. The European Central Bank (ECB) responded with dramatic policy innovations, including massive debt purchases and bank loans. Now, routine ECB intervention is expected, paradoxically making the euro more fragile. Crisis Cycle chronicles this …
Book Details
ISBN-13: | 9780691271606 |
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ISBN-10: | 0691271607 |
Author: | John H. Cochrane, Luis Garicano, Klaus Masuch |
Publisher: | Princeton University Press |
Imprint: | Princeton University Press |
Format: | Hardcover |
Number of Pages: | 328 |
Release Date: | 23 September 2025 |
Weight: | 690g |
Dimensions: | 235mm x 156mm |
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About The Author
John H. Cochrane
John H. Cochrane is the Rose Marie and Jack Anderson Senior Fellow of the Hoover Institution at Stanford University. He is the author of The Fiscal Theory of the Price Level and Asset Pricing (both Princeton).
Luis Garicano is professor of public policy at the London School of Economics. He served as a member of the European Parliament from 2019 to 2022.
Klaus Masuch has worked at the European Central Bank from the start of the euro, first as head of the Monetary Policy Strategy Division from 2000 to 2006, then as head of the EU Countries Division from 2007 to 2013, and as principal adviser since 2014. (All views are the authors’ and are not endorsed by their employers or affiliated institutions.)
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