Industrial Restructuring, Financial Instability and the Dynamics of the Postwar US Economy (RLE: Business Cycles) - Routledge Library Editions: Business Cycles - David J. Carrier - Books - Taylor & Francis Ltd - 9781138860704 - February 28, 2017
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Industrial Restructuring, Financial Instability and the Dynamics of the Postwar US Economy (RLE: Business Cycles) - Routledge Library Editions: Business Cycles 1st edition


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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.


242 pages

Media Books     Paperback Book   (Book with soft cover and glued back)
Released February 28, 2017
ISBN13 9781138860704
Publishers Taylor & Francis Ltd
Pages 242
Dimensions 234 × 157 × 20 mm   ·   378 g
Language English  

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