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In this book, Mattey studies the unusual movements in the price of federal timber over 1979-1981. Wide differentials between the price of timber, future contracts, and the price of delivered timber threw the Pacific Northwest into a recession in 1982-84 when timber buyers delayed harvests in order to postpone the realization of their losses on their contracts. Mattey shows that it was not so much the actions of the Federal Reserve - which was widely blamed for the crisis - but the actions of the buyers themselves that caused the recession.
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Should have wide appeal....Reveals how political interest groups can influence the rules under which government agencies operate and why seemingly simple actions, such as the selling of public timer, can result in fiasco. (Journal of Regional Science)
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- PublisherOxford University Press
- Publication date1990
- ISBN 10 0195062752
- ISBN 13 9780195062755
- BindingHardcover
- Number of pages120
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The Timber Bubble that Burst: Government Policy and the Bailout of 1984
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Book Description Hardcover. Condition: new. Hardcover. In this book, Mattey studies the unusual movements in the price of federal timber over 1979-1981. Wide differentials between the price of timber, future contracts, and the price of delivered timber threw the Pacific Northwest into a recession in 1982-84 when timber buyers delayed harvests in order to postpone the realization of their losses on their contracts. Mattey shows that it was not so much the actions of the Federal Reserve - which was widely blamed for thecrisis - but the actions of the buyers themselves that caused the recession. A study of the booming industry and subsequent recession in the timber industry of the north-west USA, which argues that it was not the widely-blamed actions of the Federal Reserve so much as the actions of the buyers themselves which caused the problem. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780195062755
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The Timber Bubble That Burst: Government Policy and the Bailout of 1984
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(1990)
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Timber Bubble That Burst : Government Policy and the Bailout of 1984
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(1990)
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The Timber Bubble That Burst (Hardcover)
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Book Description Hardcover. Condition: new. Hardcover. In this book, Mattey studies the unusual movements in the price of federal timber over 1979-1981. Wide differentials between the price of timber, future contracts, and the price of delivered timber threw the Pacific Northwest into a recession in 1982-84 when timber buyers delayed harvests in order to postpone the realization of their losses on their contracts. Mattey shows that it was not so much the actions of the Federal Reserve - which was widely blamed for thecrisis - but the actions of the buyers themselves that caused the recession. A study of the booming industry and subsequent recession in the timber industry of the north-west USA, which argues that it was not the widely-blamed actions of the Federal Reserve so much as the actions of the buyers themselves which caused the problem. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. Seller Inventory # 9780195062755
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The Timber Bubble That Burst Government Policy and the Bailout of 1984
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Book Description HRD. Condition: New. New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Seller Inventory # L1-9780195062755
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The Timber Bubble That Burst: Government Policy and the Bailout of 1984
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