Crisis Cycle, 9780691271606
Hardcover
Eurozone’s survival: Crises, bailouts, and a path to true resilience.
New In

Crisis Cycle

challenges, evolution, and future of the euro

$87.98

  • Hardcover

    328 pages

  • Release Date

    23 September 2025

Check Delivery Options

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
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
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.)

Returns

This item is eligible for free returns within 30 days of delivery. See our returns policy for further details.