Induced Investment and Business Cycles (inbunden)
Fler böcker inom
Format
Inbunden (Hardback)
Språk
Engelska
Antal sidor
288
Utgivningsdatum
2004-12-01
Förlag
Edward Elgar Publishing Ltd
Medarbetare
Papadimitriou, Dimitri B. (red.)
Illustrationer
illustrations
Dimensioner
234 x 165 x 31 mm
Vikt
580 g
ISBN
9781843762164
Induced Investment and Business Cycles (inbunden)

Induced Investment and Business Cycles

av Hyman P Minsky, Dimitri B Papadimitriou
Inbunden,  Engelska, 2004-12-01
2035
Köp
Spara som favorit
  • Specialorder (osäker tillgång). Skickas från oss inom 11-20 vardagar.
  • Fri frakt över 249 kr för privatkunder i Sverige.
Induced Investment and Business Cycles Kan tyvärr inte levereras innan julafton.
Köp ett presentkort istället.
This unique volume presents, for the first time in publication, the original Ph.D. thesis of Hyman P. Minsky, one of the most innovative thinkers on financial markets. Dimitri B. Papadimitriou's introduction places the thesis in a modern context, and explains its relevance today. The thesis explores the relationship between induced investment, the constraints of financing investment, market structure, and the determinants of aggregate demand and business cycle performance. Forming the basis of his subsequent development of financial Keynesianism and his 'Wall Street' paradigm, Hyman Minsky investigates the relevance of the accelerator-multiplier models of investment to individual firm behaviour in undertaking investment dependent on cost structure. Uncertainty, the coexistence of other market structures, and the behaviour of the monetary system are also explored.In assessing the assumptions underlying the structure and coefficient values of the accelerator models frequently used, the book addresses their limitations and inapplicability to real world situations where the effect of financing conditions on the balance sheet structures of individual firms plays a crucial and determining role for further investment. Finally, Hyman Minsky discusses his findings on business cycle theory and economic policy. This book will greatly appeal to advanced undergraduate and graduate students in economics, as well as to policymakers and researchers. In addition, it will prove to be valuable supplementary reading for those with an interest in advanced microeconomics.
Visa hela texten

Passar bra ihop

  1. Induced Investment and Business Cycles
  2. +
  3. Rich Dad Poor Dad

De som köpt den här boken har ofta också köpt Rich Dad Poor Dad av Robert T Kiyosaki (häftad).

Köp båda 2 för 2142 kr

Kundrecensioner

Har du läst boken? Sätt ditt betyg »

Fler böcker av författarna

Hyman P Minsky, Dimitri B Papadimitriou

Övrig information

The late Hyman P. Minsky, Edited and with an introduction by Dimitri B. Papadimitriou, President, The Levy Economics Institute and Professor of Economics, Bard College, US

Innehållsförteckning

Contents: Introduction: The Financial Fragility Hypothesis: The Offspring of Induced Investment and Business Cycles 1. The Analysis of Business Cycles: The Problem and the Approach 2. Some AcceleratorMultiplier Models 3. The Generation of the Accelerator Coefficient 4. The Theory of the Firm in Relation to Business Cycle Theory 5. Cost Curves and Investment 6. The Survival of Firms 7. Market Constraints Upon Firms: Vulnerability 8. The Effect of Market Structure Upon Induced Investment 9. Monetary Behavior and Induced Investment 10. Conclusion: Business Cycle Theory and Economic Policy References Index

Du kanske gillar