Finance, Investment and Economic Fluctuations – An Analysis in the Tradition of…

Finance, Investment and Economic FluctuationsAn Analysis in the Tradition of Hyman P. Minsky\nAuthor(s): Eric Nasica\nFormat: Hardback\nPublisher: Edward Elgar Publishing Ltd, United Kingdom\nImprint: Edward Elgar Publishing Ltd\nISBN-13: 9781858988962, 978-1858988962\nSynopsis\nRecent outbreaks of financial instability have spurred new interest in the works of the late Hyman P. Minsky who made path-breaking contributions to our understanding of contemporary market economies. This book provides an innovative tribute to Minsky's work and sheds new light on the nature of economic fluctuations and financial [url] Nasica provides a contemporary analysis of the relationship between finance, investment and fluctuations. He focuses on the contributions of Hyman P. Minsky and, in particular, on his financial instability hypothesis. He also examines more recent models of financial instability, based on dynamic non-linear systems and asymmetric information, but finds that they are unable to.