Industrial Restructuring, Financial Instability and the Dynamics of the Postwar US Economy (RLE

Name: Industrial Restructuring, Financial Instability and the Dynamics of the Postwar US Economy (RLE
Brand: Routledge
Availability: OutOfStock
Rating: 5 (1 reviews)

By Carrier, David J.

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Description

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.

Product details

Edition:: 1
Number of Pages:: 242
Release Date:: 2015-03-25
Publication Date:: 2015-03-23
Publisher:: Routledge
Languages:: Original: English
ISBN10:: 113886062X
ISBN13:: 9781138860629
GPSR Manufacturer Reference:: [email protected]
Weight:: 531 g
Height:: 161 cm
Width:: 240 cm
Thickness:: 18 cm

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