Minsky, Hyman P.

Induced investment and business cycles / Hyman P. Minsky ; edited and with an introduction by Dimitri B. Papadimitriou. - xvi, 272 p.

Originally presented as the author's doctoral thesis.

Includes bibliographical references and index.

Introduction: The financial fragility hypothesis: the offspring of 'Induced investment and business cycles' / Dimitri B. Papadimitriou -- The analysis of business cycles: the problem and the approach -- Some accelerator-multiplier models -- The generation of the accelerator coefficient -- The theory of the firm in relation to business cycle theory -- Cost curves and investment -- The survival of firms -- Market constraints upon firms: vulnerability -- The effect of market structure upon induced investment -- Monetary behavior and induced investment -- Conclusion: business cycle theory and economic policy.

1843762161

2004052474


Capital investments
Business cycles
Uncertainty.

HG4028.C4 / M47 2005

332.0415