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Asset Prices and the Real Economy

by Forrest Capie

  • ISBN: 9780312129835
  • ISBN10: 0312129831

Asset Prices and the Real Economy

by Forrest Capie

  • List Price: $140.00
  • Binding: Hardcover
  • Publisher: Palgrave Macmillan
  • Publish date: 03/01/1997
  • ISBN: 9780312129835
  • ISBN10: 0312129831
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Description: The recession which many countries experienced in the early 1990s had certain unusual aspects. Most notably, and common to all countries, was the behaviour of asset prices relative to the general price level. In consequence, reasons were sought to explain the special characteristics of the recession, and as a result of the behaviour of asset prices attention was turned to debt-deflation theories associated in different forms with John Maynard Keynes and Irving Fisher. The contributors to this volume discuss the significance of debt deflation. Their striking common feature is that, on the evidence presented here, the behaviour of asset prices should not be of great concern to policy-makers, or to those attempting to understand economic behaviour. However, residual doubts remain over the Japanese case.
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Seller: Kenneth Mallory, ABAA
Location: Decatur, GA
Condition: Very Good
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xi, 275pp+ index. Very good hardback in a very good dustjacket.
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$16.87
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xi, 275pp+ index. Very good hardback in a very good dustjacket.
Seller: Midtown Scholar Bookstore
Location: Harrisburg, PA
Condition: Very Good
VG-Crisp, clean, unread book with some shelfwear/edgewear, may have a remainder mark-NICE Standard-sized.
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VG-Crisp, clean, unread book with some shelfwear/edgewear, may have a remainder mark-NICE Standard-sized.
Seller: Midtown Scholar Bookstore
Location: Harrisburg, PA
Condition: Good
G-Bumped and creased book with tears to the extremities, but not affecting the text block, may have remainder mark or previous owner's name-GOOD Standard-sized.
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$18.08
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G-Bumped and creased book with tears to the extremities, but not affecting the text block, may have remainder mark or previous owner's name-GOOD Standard-sized.
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