000			02312cam a2200373 a 4500
001			16690757
003			KE-NaKCAU
005			20170621161444.0
008			110314s2011 enka b 001 0 eng
010			_a 2011011256
020			_a9781107004931
040			_aDLC _cKE-NaKCAU _dDLC
042			_apcc
050	0	0	_aHB172.5 _b.F516 2011
082	0	0	_a330.9/0511 _222
084			_aBUS039000 _2bisacsh
245	0	0	_aFinancial assets, debt, and liquidity crises : _ba Keynesian approach / _cMatthieu Charpe ... [et al.].
260			_aCambridge ; _aNew York : _bCambridge University Press, _c2011.
300			_axxiv, 432 p. : _bill. ; _c26 cm.
504			_aIncludes bibliographical references (p. 420-426) and index.
520			_a"The macroeconomic development of most major industrial economies is characterised by boom-bust cycles. Normally such boom-bust cycles are driven by specific sectors of the economy. In the financial meltdown of the years 2007-2009 it was the credit sector and the real-estate sector that were the main driving forces. This book takes on the challenge of interpreting and modelling this meltdown. In doing so it revives the traditional Keynesian approach to the financial-real economy interaction and the business cycle, extending it in several important ways. In particular, it adopts the Keynesian view of a hierarchy of markets and introduces a detailed financial sector into the traditional Keynesian framework. The approach of the book goes beyond the currently dominant paradigm based on the representative agent, market clearing and rational economic agents. Instead it proposes an economy populated with heterogeneous, rationally bounded agents attempting to cope with disequilibria in various markets"--
650		0	_aMacroeconomics. _9530
650		0	_aBusiness cycles.
650		0	_aFinancial crises. _95592
650		0	_aKeynesian economics. _91602
650		7	_aBUSINESS & ECONOMICS / Economics / Macroeconomics _2bisacsh.
700	1		_aCharpe, Matthieu.
700	1		_aChiarella, Carl.
700	1		_aFlaschel, Peter.
700	1		_aSemmler, Willi.
906			_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg
942			_2lcc _cBK
999			_c16139 _d16139