Industrial Restructuring, Financial Instability, and the Dynamics of the Postwar US Economy /
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Author / Creator: | Carrier, David J., author. |
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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 |
ISBN: | 9781317506775 1317506774 9781315716367 1315716364 9781317506768 1317506766 9781317506751 1317506758 9781315713601 1315713608 9781138860704 1138860700 113886062X 9781138860629 9781138860629 9781138852860 |
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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 |
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