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The post 'great recession' US economy Implications for financial markets and the economy /

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...

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Bibliographic Details
Main Authors: Arestis, Philip, 1941-
Group Author: Karakitsos, Elias.
Published:
Literature type: Electronic Software eBook
Language: English
Edition: 2nd rev. ed.
Subjects:
Financial crises > History > 21st century > United States.
Recessions > History > 21st century > United States.
Financial institutions > History > 21st century > United States.
Economics > USA.
Economics.
Online Access: http://www.palgraveconnect.com/doifinder/10.1057/9780230276109
Summary: 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.
Item Description: Electronic book text.
Originally published in: 2010.
Carrier Form: 352 p.
ISBN: 9780230229044
9780230276109 :
0230276105 :
CLC: F171.20
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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