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Financial Cycles and Macroeconomic Stability

Financial Cycles and Macroeconomic Stability

 

Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
Delivery in :  10-12 Business Days

 
₹ 3,233

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  • Product Description
 
Seven years have passed since the first financial crisis in 2008 and the recovery is still anemic despite years of zero interest rates and repeated injections of liquidity into the financial system. The prospects for future growth are even thinner. Leading economists have put the diagnosis of ?secular stagnation?, providing little hope for a complete recovery unless more drastic measures are taken. This book investigates the phenomenon by taking a long view on the US economy to extract a set of stylized facts and general tendencies since the post-war era. It explores the macroeconomic and financial aspects of the business cycle as well as the long-term growth in order to understand the reasons behind the ?secular stagnation?. Suggestions on how to analyze the ?new? economic environment are provided, as well as some potential policy measures on how to tackle these challenges.
Product Specifications
SKU :COC5568
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece (Paperback)
Product First Available On ClickOnCare.com2015-06-24
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