金融化の経済学 Financialization : The Economics of Finance Capital Domination

Palley, Thomas I.

Palgrave Macmillan（2013/05発売）

• 製本 Hardcover:ハードカバー版／ページ数 234 p.
• 言語 ENG
• 商品コード 9781137265814
• DDC分類 332.041

基本説明

This book explores the process of financialization whereby economies are increasingly dominated by finance capital. This process is characterized by rising income inequality, wage stagnation, increased indebtedness, a rising financial sector share of profits, and tendencies to generate asset price bubbles.

Full Description

The term financialization is a term that has become popular to describe developments within the global economy, and particularly within developed industrialized economies, over the past thirty years. The book is divided into four sections, which together give a comprehensive treatment of the economics and political economy of financialization.

Contents

Overview Financialization as Financial Neoliberalism The Macroeconomics of Financialization Financialization: What it is and Why it Matters The Macroeconomics of Financialization: A Stages of Development Approach The Simple Analytics of Debt - Driven Business Cycles Deflation and Inflation Dynamics with Debt Financialization and Instability Herd behavior: Safety in Numbers Short-termism: The Problem of Managerial Turnover A Theory of Minsky Super-cycles and Financial Crises Financialization and Growth Inside Debt and Economic Growth Financialization and Policy A Monetary Policy Framework for Asset Price Bubbles Monetary Policy and Central Banking after the Crisis: The Implications of Rethinking Macroeconomic Theory The Political Economy of Financialization