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Book synopsis

The business cycle is a complex phenomenon. On the surface, it involves a multitude of mechanisms, such as oscillations in interest rates, prices, wages, unemployment, output, and spending. But a deeper understanding requires a unifying theory to make these various parts whole. Money, Banking, and the Business Cycle provides a comprehensive framework for analyzing these mechanisms, and offers a robust prescription for reducing financial instability over the long-term. Volume I bridges economic theory with empirical evidence. Simpson reveals the origins of the business cycle through the impact of government regulation on the supply of money and credit.

Book details

• Full title: Money, Banking, and the Business Cycle
• Author: Brian P. Simpson
• Language: English
• Binding: Hardback
• Number of pages: 278
• EAN: 9781137335319
• ISBN: 1137335319
• ID: 02767442
• Publisher: Palgrave Macmillan
• Weight: 576 g
• Dimensions: 156 × 239 × 21 mm
• Date of publishing: 16. April 2014

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