Can I read Macroeconomics of Growth Cycles and Financial Instability (New Directions in Modern Economics series) on EtoBox?

Macroeconomics of Growth Cycles and Financial Instability (New Directions in Modern Economics series) by PIERO FERRI is a book available to read on EtoBox.

What is Macroeconomics of Growth Cycles and Financial Instability (New Directions in Modern Economics series) about?

In light of the recent economic crisis and in keeping with Hyman Minsky's analysis of financial instability, this book considers the important interaction between cycles and growth, via the interplay between demand, supply and real-world financial issues. Piero Ferri presents a macroeconomic study of a monetary production economy within a dynamic paradigm, where instability phenomena and inhibitive policy measures interact, and where the forces that self-regulate markets cannot prevent the occurrence of instability problems. Underpinning this paradigm is the idea that such volatility is the result of endogenous forces; shocks can trigger instability but cannot explain its persistence. As endogenous instability has multiple causes and mechanisms of transmission, the author adopts various perspectives - both analytical and by means of simulation - in order to explore and characterize the phenomenon of growth cycles and instability.This challenging book will prove a thought-provoking read for students and scholars of macroeconomics, heterodox economics, labor markets and money, finance and banking.Contents: Preface; Introduction; Part I: The Background; 1. Dynamics in the Medium Run;

Author

PIERO FERRI

Publisher

Edward Elgar Publishing Ltd

Published

2011

Language

EN

ISBN

9781849809160

Subjects

Business, Economics