Title: Financial Conditions and Macroeconomic Performance : Essays in Honor of Hyman P. Minsky
Publisher: Routledge
Publication Date: 1992
Language: English
ISBN 10: 1563240173
ISBN 13: 9781563240171
Binding: Soft cover
Condition: As New

About this title

Synopsis

This collection of papers on financial instability and its impact on macroeconomic performance honours Hyman P. Minsky and his lifelong work. It is based on a conference at Washington University, St. Louis, in 1990 and includes among the authors Benjamin M. Friedman, Charles P. Kindleberger, Jan Kregel and Steven Fazzari. These papers consider Minsky's definitive analysis that yields such a clear and disturbing sequence of financial events: booms, government intervention to prevent debt contraction and new booms that cause a progressive buildup of new debt, eventually leaving the economy much more fragile financially.

About the Author

Fazzari, Steven M.; Papadimitriou, Dimitri B.

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