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Industrial Restructuring, Financial Instability, and the Dynamics of the Postwar U.S. Economy (Studies on Industrial Productivity) - Hardcover

Carrier, David J.

 
9780815327387: Industrial Restructuring, Financial Instability, and the Dynamics of the Postwar U.S. Economy (Studies on Industrial Productivity)

Synopsis

First Published in 1997. Routledge is an imprint of Taylor & Francis, an informa company.

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Synopsis

Uses an empirical model of investment behavior to explore the relationship between financial instability and the business cycle. Links capital flows such as corporate profits and stock prices to patterns of investors altering capital expenditures in response to changing financial conditions. Then uses a nonlinear multiplier-accelerator relation to

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