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Asset Prices and the Real Economy
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Asset Prices and the Real Economy Unknown - 1997

by Wood, Geoffrey E (Editor), And Capie, Forrest (Editor)


From the publisher

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 turned to 'Debt-Deflation Theories' associated in different forms with 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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  • Title Asset Prices and the Real Economy
  • Author Wood, Geoffrey E (Editor), And Capie, Forrest (Editor)
  • Binding unknown
  • Publisher Palgrave Macmillan
  • Date 1997-04
  • ISBN 9780312129835
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Asset Prices and the Real Economy (Studies in Banking and International Finance)
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Asset Prices and the Real Economy (Studies in Banking and International Finance)

by Editor-Forrest Capie; Editor-Geoffrey E. Wood

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Asset Prices and the Real Economy

Asset Prices and the Real Economy

by Forrest Capie and Geoffrey E. Wood

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ISBN 10 / ISBN 13
9780312129835 / 0312129831
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London: Macmillan, 1997. Hardcover. Very good. Hardcover. xi, 275pp+ index. Very good hardback in a very good dustjacket.
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