From the Great Recession to Labour Market Recovery, I. Islam; S. Verick
Автор: Cynamon Название: After the Great Recession ISBN: 1107015898 ISBN-13(EAN): 9781107015890 Издательство: Cambridge Academ Рейтинг: Цена: 27358.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: The severity of the Great Recession and the subsequent stagnation caught many economists by surprise. But a group of Keynesian scholars warned for some years that strong forces were leading the US toward a deep, persistent downturn. This book collects essays about these events from prominent macroeconomists who developed a perspective that predicted the broad outline and many specific aspects of the crisis. From this point of view, the recovery of employment and revival of strong growth requires more than short-term monetary easing and temporary fiscal stimulus. Economists and policy makers need to explore how the process of demand formation failed after 2007 and where demand will come from going forward. Successive chapters address the sources and dynamics of demand, the distribution and growth of wages, the structure of finance and challenges from globalization, and inform recommendations for monetary and fiscal policies to achieve a more efficient and equitable society.
Автор: Cynamon Название: After the Great Recession ISBN: 1107436753 ISBN-13(EAN): 9781107436756 Издательство: Cambridge Academ Рейтинг: Цена: 7286.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book collects essays about the US Recession of 2007-9 and the subsequent stagnation from scholars who predicted many aspects of the crisis. It argues that the policy challenges require an understanding of how residential construction and consumer spending growth failed and where new spending growth can come from.
Автор: Mejorado Название: Profitability and the Great Recession ISBN: 113824239X ISBN-13(EAN): 9781138242395 Издательство: Taylor&Francis Рейтинг: Цена: 7961.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание:
From the mid-1980s, investors in the US increasingly directed capital towards the financial sector at the expense of non-financial sectors, lured by the perception of higher profits. This flow of capital inflated asset prices, creating the stock market and housing bubbles which burst when the imbalance between stagnant incomes and rising debts triggered the banking meltdown. Profitability and the Great Recession analyses these trends in profitability and capital accumulation, which the authors identify as the root cause of the financial crisis, in the context of the US and other major OECD countries.
Drawing on insights from Adam Smith, David Ricardo, John Stuart Mill and Karl Marx, the authors interpret the relationship between capital accumulation and profitability trends through the conceptual lens of classical political economy. The book provides extensive empirical evidence of declining rates of US non-financial corporate accumulations from the mid-1960s and profitability trends in that sector falling from post-war highs. In contrast to this, it is shown that there was a vigorous rise of profitability in the financial sector from a 1982 trough to the early part of the twenty-first century, which led to the bloating of that sector. The authors conclude that the long-term falling accumulation trend in the non-financial corporate sector, highlighted by the bankruptcy of major automobile corporations, stands out as the underlying force that transformed the financial crisis into a fully-fledged Great Recession.
This book will be of interest to students and researchers in the areas of economics, political economy, business and finance.
Автор: D. Wessel Название: Central Banking after the Great Recession ISBN: 0815726082 ISBN-13(EAN): 9780815726081 Издательство: Mare Nostrum (Eurospan) Рейтинг: Цена: 2218.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание:
The global financial crisis is largely behind us, but the challenges it poses to the future stability of the world's economic system affects everyone from American families to Main Street businesses to Wall Street financial powerhouses. It has provoked controversy over the best way to reduce the risk of a repeat of what proved to be the worst financial crisis since the Great Depression. To describe those challenges--and the lessons learned--the Hutchins Center on Fiscal and Monetary Policy at Brookings turned to frontline policymakers and some of their most prominent critics. Central Banking after the Great Recession contains the resulting research, leading off with a telling interview between Ben Bernanke, then in his final weeks as Federal Reserve chairman, and Liaquat Ahamed, author of the Pulitzer Prize-winning Lords of Finance. Insightful chapters by John Williams of the San Francisco Federal Reserve Bank, Paul Tucker of Harvard University, and Donald Kohn of Brookings discuss unconventional monetary policy, financial regulation, the impact of the crisis on the independence of the Federal Reserve. Each chapter is followed by a lively debate.
Contents
1. Introduction
2. A Conversation with Ben Bernanke
3. Monetary Policy When Rates Hit Zero: Putting Theory into Practice
4. Regulatory Reform: What'a Done? What Isn't?
5. Federal Reserve Independence after the Financial Crisis: Should We Be Worried?
Описание: This book analyzes the status and position of African American men in the U.S. labor market prior to, during, and after the Great Recession. Using a model of occupational crowding, the book outlines how the representation of African American men in major occupational categories almost universally declined during the recent recession even as white non-Hispanic men were able to maintain their occupational representation in the face of staggering job losses. Using US Census Bureau data, this book illustrates how African American men sought to insulate their group from devastating job losses by increasing their educational attainment in a job market where employers exercised more leverage in hiring. However, this strategy was unable to protect this group from disparate job losses as African American men became further marginalized in the workforce during the Great Recession. Policy approaches to address high African American male unemployment are outlined in the final chapter.
Автор: Arestis Название: Emerging Economies During and After the Great Recession ISBN: 113748554X ISBN-13(EAN): 9781137485540 Издательство: Springer Рейтинг: Цена: 15372.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: The International Papers in Political Economy (IPPE) series explores the latest developments in political economy. This twelfth volume presents a collection of eight papers, examining the origins of the international financial crisis of 2007/2008 and the great recession by focusing on emerging countries.
Описание: The book uses new survey data on the lives of Europeans to investigate the likely long term impact of the great recession on individual earnings, standards of living, and health.
Описание: The Great Depression and the Great Recession are the two great economic crises of the past hundred years. In Hall of Mirrors, Barry Eichengreen draws on his unparalleled expertise for a brilliantly conceived dual-track account of the two crises and their consequences. He describes how the "lessons" of the Great Depression importantly shaped the policy response to the recent crisis, for both better and worse, but also how the recent crisis will re-shape ourunderstanding of the Depression.
Автор: Hetzel Название: The Great Recession ISBN: 1107459605 ISBN-13(EAN): 9781107459601 Издательство: Cambridge Academ Рейтинг: Цена: 5069.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: The 2008-9 recession destroyed the professional consensus about the kinds of models required to understand cyclical fluctuations, reviving credit-cycle explanations of recession that dominated nineteenth- and early twentieth-century thinking. These `market-disorder` views emphasize excessive risk taking in financial markets and the need for government regulation.
Автор: Philip Arestis; M. Sawyer Название: Emerging Economies During and After the Great Recession ISBN: 1349559474 ISBN-13(EAN): 9781349559473 Издательство: Springer Рейтинг: Цена: 12157.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: The International Papers in Political Economy (IPPE) series explores the latest developments in political economy. This twelfth volume presents a collection of eight papers, examining the origins of the international financial crisis of 2007/2008 and the great recession by focusing on emerging countries.
Описание: This book presents a systematic analysis of the Great Recession, austerity, and subsequent recovery in Ireland. It discusses the extent to which the Irish response to the recession led to significant changes in economic policy and in business, work, consumption, the labour market, and society.
