Industrial Restructuring, Financial Instability and the Dynamics of the Postwar US Economy (Routledge Library Editions: Business Cycles)
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- Synopsis
- 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.
- Copyright:
- 2015
Book Details
- Book Quality:
- Publisher Quality
- Book Size:
- 238 Pages
- ISBN-13:
- 9781317506768
- Related ISBNs:
- 9781315716367, 9781138860704, 9781138860629
- Publisher:
- Taylor and Francis
- Date of Addition:
- 10/18/22
- Copyrighted By:
- David J. Carrier
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.