The post 'great recession' US economy : implications for financial markets and the economy
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Bibliographic Information
The post 'great recession' US economy : implications for financial markets and the economy
Palgrave Macmillan, 2010
- Other Title
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The post great recession US economy
The post `great recession' US economy
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Note
Includes bibliographical references (p. 310-317) and index
Description and Table of Contents
Description
The US is slowly recovering from the aftermath of the burst of the 'new economy' bubble - which was one of the worst in monetary history. In this updated edition, Philip Arestis and Elias Karakitsos examine the causes and consequences of the burst of the 'new economy' bubble and investigate the impact on financial markets.
Table of Contents
Prolegomena Preface Introduction The Causes and Consequences of the Internet Bubble The Current Financial Crisis and the Origins of Excessive Liquidity Wages and Prices and the Proper Conduct of Monetary Policy Corporate Profits and Relationship to Investment Long-Term Risks of Investment Recovery The Housing Market and Residential Investment Long-Term Risks of Robust Consumer Behaviour Foreign Demand The US External Imbalance and the Dollar: A Long-Term View The Long-term Risks to Financial Markets Bibliography
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