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Financial Conditions and Macroeconomic Performance
Steven M. Fazzari
Dimitri B. Papadimitriou
其他書名
Essays in Honor of Hyman P. Minsky
出版
M.E. Sharpe
, 1992
主題
Business & Economics / General
Business & Economics / Economics / Macroeconomics
Business & Economics / Economics / Microeconomics
Business & Economics / Economics / General
History / General
Social Science / General
ISBN
1563240165
9781563240164
URL
http://books.google.com.hk/books?id=1GawzoEFh3wC&hl=&source=gbs_api
EBook
SAMPLE
註釋
This collection of papers on financial instability and its impact on macroeconomic performance honours Hyman P. Minsky and his lifelong work. It is based on a conference at Washington University, St. Louis, in 1990 and includes among the authors Benjamin M. Friedman, Charles P. Kindleberger, Jan Kregel and Steven Fazzari. These papers consider Minsky's definitive analysis that yields such a clear and disturbing sequence of financial events: booms, government intervention to prevent debt contraction and new booms that cause a progressive buildup of new debt, eventually leaving the economy much more fragile financially.