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OverviewThis 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. Full Product DetailsAuthor: David J. CarrierPublisher: Taylor & Francis Ltd Imprint: Routledge Weight: 0.362kg ISBN: 9781138860704ISBN 10: 1138860700 Pages: 242 Publication Date: 28 February 2017 Audience: General/trade , College/higher education , Professional and scholarly , General , Tertiary & Higher Education Format: Paperback Publisher's Status: Active Availability: In Print ![]() This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsReviewsAuthor InformationCarrier, David J. Tab Content 6Author Website:Countries AvailableAll regions |