Industrial Restructuring, Financial Instability and the Dynamics of the Postwar US Economy (RLE: Business Cycles) (Routledge Library Editions: Business Cycles)
Language: English
Published by Routledge, 2015
- First Edition
- Hardcover
- New
Seller: Kennys Bookshop and Art Galleries Ltd., Galway, GY, IrelandKennys Bookshop and Art Galleries Ltd.
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Condition: New
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Add to basketItem description from seller
Series: Routledge Library Editions: Business Cycles. Num Pages: 242 pages. BIC Classification: 1KBB; KCA; KCD; KCJ. Category: (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 242 x 400 x 20. Weight in Grams: 506. . 2015. 1st Edition. hardcover. . . . .
Seller Inventory # V9781138860629
- Title
- Industrial Restructuring, Financial Instability and the Dynamics of the Postwar US Economy (RLE: Business Cycles) (Routledge Library Editions: Business Cycles)
- Author
- Carrier, David J.
- Publisher
- Routledge
- Publication year
- 2015
- Condition
- New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 113886062X
- ISBN 13
- 9781138860629
- Edition
- 1st Edition
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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Kennys Bookshop and Art Galleries Ltd.
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