The post "Great Recession" US economy
implications for financial markets and the economy
- ISBN: 9780230229044
- Editorial: Palgrave MacMillan
- Fecha de la edición: 2010
- Lugar de la edición: Hampshire. Reino Unido
- Encuadernación: Cartoné
- Medidas: 23 cm
- Nº Pág.: 352
- Idiomas: Inglés
Following the success of the first edition, the second edition builds systematically an appropriate framework to explain and analyze the economics of depression or the asset and debt deflation process that has been relevant in the last three cycles. It shows that the internet, housing and commodities bubbles are interconnected. Explaining the origins of the recent credit crisis, this volume works out the implications for the US economy and financial markets, while suggesting how policy should be formulated to avoid and deflect future bubbles. This book is indispensable reading for all interested in macroeconomics, business cycle analysis, financial crises, credit crises, financial markets, monetary policy and the increasing role of the housing market in macroeconomics.
