Industrial Restructuring, Financial Instability and the Dynamics of the Postwar US Economy (RLE: Business Cycles)

David J. Carrier (Autor)

Buch | Hardcover

238 Seiten

2015
Routledge (Verlag)
978-1-138-86062-9 (ISBN)

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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.

Carrier, David J.

1. What Did Economists Learn from the Great Depression? 2. How Chaos Killed the Auctioneer 3. Macroeconomic Effects of Industrial Restructuring 4. Consumption Patterns and the Multiplier 5. Finance, Investment and the Business Cycle 6. An Empirical Model of Investment and Finance 7. A Multiplier-Acclerator Simulation Model

Erscheint lt. Verlag	23.3.2015
Reihe/Serie	Routledge Library Editions: Business Cycles
Verlagsort	London
Sprache	englisch
Maße	156 x 234 mm
Gewicht	476 g
Themenwelt	Wirtschaft ► Allgemeines / Lexika
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Ökonometrie
ISBN-10	1-138-86062-X / 113886062X
ISBN-13	978-1-138-86062-9 / 9781138860629
Zustand	Neuware