Download e-book for kindle: Financial Conditions and Macroeconomic Performance: Essays by Steven M. Fazzari,Dimitri B. Papadimitriou

By Steven M. Fazzari,Dimitri B. Papadimitriou

ISBN-10: 1563240165

ISBN-13: 9781563240164

ISBN-10: 1563240173

ISBN-13: 9781563240171

This choice of papers on monetary instability and its effect on macroeconomic functionality honours Hyman P. Minsky and his lifelong paintings. it really is in line with a convention at Washington college, St. Louis, in 1990 and comprises one of the authors Benjamin M. Friedman, Charles P. Kindleberger, Jan Kregel and Steven Fazzari. those papers reflect on Minsky's definitive research that yields any such transparent and stressful series of monetary occasions: booms, govt intervention to avoid debt contraction and new booms that reason a revolutionary buildup of latest debt, ultimately leaving the economic system even more fragile financially.

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Financial Conditions and Macroeconomic Performance: Essays in Honor of Hyman P.Minsky: Essays in Honor of Hyman P.Minsky by Steven M. Fazzari,Dimitri B. Papadimitriou

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