@article{202911,
  keywords = {Macrofinance, Resilience},
  author = {Markus K. Brunnermeier},
  title = {Macrofinance and Resilience},
  abstract = {<p>This address reviews macrofinance from the perspective of resilience. It argues for a shift in mindset, away from risk management toward resilience management. It proposes a new resilience measure, and contrasts micro- and macro-resilience. It also classifies macrofinance models in first- (log-linearized) and second-generation models and links the important themes of macrofinance to resilience.</p>},
  year = {2024},
  journal = {Journal of Finance},
  volume = {79},
  month = {12/2024},
  url = {https://youtu.be/z94l-G5gz4o?si=uoqVGnuQ_HVHlSPN},
  language = {eng},
}