The Post 'Great Recession' US Economy: Implications for Financial Markets and the Economy by P. ArestisThe Post 'Great Recession' US Economy: Implications for Financial Markets and the Economy by P. Arestis

The Post 'Great Recession' US Economy: Implications for Financial Markets and the Economy

byP. Arestis, Elias Karakitsos

Hardcover | June 30, 2010

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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.
PHILIP ARESTIS is Honorary Senior Departmental Fellow, Cambridge Centre for Economic and Public Policy (CCEP), Department of Land Economics, University of Cambridge, UK; Professor of Economics, Department of Applied Economics V, University of the Basque Country, Spain; and Senior Research Fellow at the Levy Institute, New York City. Hi...
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Title:The Post 'Great Recession' US Economy: Implications for Financial Markets and the EconomyFormat:HardcoverDimensions:327 pages, 8.5 × 5.51 × 0.93 inPublished:June 30, 2010Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230229042

ISBN - 13:9780230229044

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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