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

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David J. Carrier

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

RLE: Business Cycles

David J. Carrier

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English

Routledge
28 February 2017

Economic theory & philosophy; Economics of industrial organisation; Economic forecasting

Series: Routledge Library Editions: Business Cycles

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.

By: David J. Carrier
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 362g
ISBN: 9781138860704
ISBN 10: 1138860700
Series: Routledge Library Editions: Business Cycles
Pages: 242
Publication Date: 28 February 2017
Audience: General/trade , College/higher education , Professional and scholarly , ELT Advanced , Primary
Format: Paperback
Publisher's Status: Active

Carrier, David J.