The economics of financial markets and the 1987 crash:

In determining the causes of that crash, Jan Toporowski examines the way in which finance and capital markets operate and concludes that the crash was an economically insignificant event in the general inflation of capital markets. Dr Toporowski argues that rather than the crash itself, it was capit...

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Beteilige Person: Toporowski, Jan (VerfasserIn)
Format: Buch
Sprache:Englisch
Veröffentlicht: Aldershot u.a. Elgar 1993
Schlagwörter:
Zusammenfassung:In determining the causes of that crash, Jan Toporowski examines the way in which finance and capital markets operate and concludes that the crash was an economically insignificant event in the general inflation of capital markets. Dr Toporowski argues that rather than the crash itself, it was capital market inflation that eventually contributed to the economic slump of the 1990s
In so doing, he presents original theories on finance and capital markets, banking cycles, financial regulation and the economic consequences of deregulation. The book also features a critique of Keynes's liquidity preference theory and an account of how Japanese financial institutions helped Wall Street and the London market after the crash
Abstract:The Economics of Financial Markets and the 1987 Crash is the first thorough and systematic account of the antecedents and economic consequences of the stock market crash of 1987 in the world's major financial centres
Umfang:IX, 162 S. graph. Darst.
ISBN:1852788976
1852789158