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

RLE: Business Cycles

David J. Carrier

$263

Hardback

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English
Routledge
23 March 2015
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:  
Imprint:   Routledge
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 156mm,  Spine: 20mm
Weight:   476g
ISBN:   9781138860629
ISBN 10:   113886062X
Series:   Routledge Library Editions: Business Cycles
Pages:   238
Publication Date:  
Audience:   General/trade ,  College/higher education ,  Professional and scholarly ,  ELT Advanced ,  Primary
Format:   Hardback
Publisher's Status:   Active

Carrier, David J.

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