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The Great Recession

By: Robert L. Hetzel (Author)

Manufacture on Demand

Ksh 6,700.00

Format: Paperback or Softback

ISBN-13: 9781107459601

Publisher: Cambridge University Press

Publication Date: Oct 30th, 2014

Weight: 630 grams

Dimension: 22.90 x 15.30 x 2.40 cms

Category: Monetary economics

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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.

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