Industrial Restructuring, Financial Instability, and the Dynamics of the Postwar US Economy /

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Bibliographic Details
Author / Creator:Carrier, David J., author.
Imprint:Abingdon, Oxon ; New York, NY : Routledge, 2015.
©1997
Description:1 online resource
Language:English
Series:Routledge library editions. Business cycles ; volume 1
Routledge library editions. Business cycles ; volume 1.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12540312
Hidden Bibliographic Details
ISBN:9781317506775
1317506774
9781315716367
1315716364
9781317506768
1317506766
9781317506751
1317506758
9781315713601
1315713608
9781138860704
1138860700
113886062X
9781138860629
9781138860629
9781138852860
Notes:Includes bibliographical references and index.
Vendor-supplied metadata.
Summary: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 consumpt.
Other form:Print version: Carrier, David J. Industrial Restructuring, Financial Instability and the Dynamics of the Postwar US Economy (RLE: Business Cycles). Hoboken : Taylor and Francis, ©2015 9781138860629