Industrial Restructuring, Financial Instability and the Dynamics of the Postwar US Economy (RLE: Business Cycles)
Heftet /
2017
/ Engelsk
Produktdetaljer
ISBN
9781138860704
Publisert
2017-02-28
Utgiver
Vendor
Routledge
Vekt
362 gr
Høyde
234 mm
Bredde
156 mm
Aldersnivå
G, U, P, 01, 05, 06
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
242
Forfatter
This volume, originally published in 1997, examines the combined effect of financial instability and industrial restructuring on postwar economic growth and recession in the US. It sheds light on the fundamental question of whether or not these trends are positive for the economy as a whole. To explain the cyclical nature of investment and finance, institutional theory regarding financial instability is examined in depth and related to Minsky’s analysis of investment behaviour. The author has created an empirical model of this behaviour which, he claims, accurately predicts historical consumption investment and GDP cycles.
Les mer
1. What Did Economists Learn from the Great Depression? 2. How Chaos Killed the Auctioneer 3. Macroeconomic Effects of Industrial Restructuring 4. Consumption Patterns and the Multiplier 5. Finance, Investment and the Business Cycle 6. An Empirical Model of Investment and Finance 7. A Multiplier-Acclerator Simulation Model
Les mer
Produktdetaljer
ISBN
9781138860704
Publisert
2017-02-28
Utgiver
Vendor
Routledge
Vekt
362 gr
Høyde
234 mm
Bredde
156 mm
Aldersnivå
G, U, P, 01, 05, 06
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
242
Forfatter