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portada Industrial Restructuring, Financial Instability and the Dynamics of the Postwar Us Economy (Rle: Business Cycles) (in English)
Type
Physical Book
Publisher
Language
Inglés
Pages
242
Format
Paperback
ISBN13
9781138860704
Edition No.
1

Industrial Restructuring, Financial Instability and the Dynamics of the Postwar Us Economy (Rle: Business Cycles) (in English)

David J. Carrier (Author) · Routledge · Paperback

Industrial Restructuring, Financial Instability and the Dynamics of the Postwar Us Economy (Rle: Business Cycles) (in English) - Carrier, David J.

Physical Book

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Origin: United Kingdom (Import costs included in the price)
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Synopsis "Industrial Restructuring, Financial Instability and the Dynamics of the Postwar Us Economy (Rle: Business Cycles) (in English)"

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.

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The book is written in English.
The binding of this edition is Paperback.

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