Financial Dynamics and Business Cycles: New Perspectives

by Willi Semmler

As the 55th anniversary of the bank holiday of March 1933 approached, financial instability was a main topic in the financial press. Daily reports appeared of international debt crises, of the covert bankruptcy of deposit insurance, and of the near bankruptcy of one great financial institution after another. The great stock market crash of October 19 and 20, 1987, demonstrated that extreme instability can happen. It is generally asserted that the...

• Format: Hardcover
• Language: English
• ISBN: 0873325311
• ISBN13: 9780873325318
• Release Date: June 1989
• Publisher: Routledge
• Length: 274 Pages
• Age Range: 18 years and up
• Grade Range: Postsecondary