The Resource The economics of financial markets and the 1987 crash, Jan Toporowski

The economics of financial markets and the 1987 crash, Jan Toporowski

Label
The economics of financial markets and the 1987 crash
Title
The economics of financial markets and the 1987 crash
Statement of responsibility
Jan Toporowski
Creator
Subject
Language
eng
Summary
  • 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. 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
  • Written by an economist with an 'insider's' view of finance and capital markets - the author was formerly Senior Economist with Standard Chartered Bank - this book presents a theoretical analysis which explains how financial markets actually work. The Economics of Financial Markets and the 1987 Crash will be welcomed by economists, financiers, the educated public and policy makers concerned with issues of financial instability and the financial roots of economic stagnation
Dewey number
332.64
Illustrations
illustrations
Index
index present
LC call number
HG4523
LC item number
.T67 1993
Literary form
non fiction
Nature of contents
bibliography
Label
The economics of financial markets and the 1987 crash, Jan Toporowski
Publication
Bibliography note
Includes bibliographical references (p. 151-156) and index
http://library.link/vocab/branchCode
  • zbnus
  • mel
Contents
1. On the Significance of Monumental Trivia -- 2. How Capital Markets Work -- 3. Liquid Asset Preference and Rentier Capitalism -- 4. The Theory of Financial Market Deregulation -- 5. The Financial Markets in the UK Economy: A Summary Analysis -- 6. Inflating the Markets -- 7. Uncoordinated Trading -- 8. 'The Great Economic Non-Event of 1987'
Control code
000009956875
Dimensions
23 cm
Extent
ix, 162 p.
Isbn
9781852789152
Isbn Type
(pbk.)
Lccn
93015405 //r95
Other physical details
ill.
http://library.link/vocab/recordID
.b16678941
System control number
  • rmr6777786
  • (OCoLC)27895569

Library Locations

    • Deakin University Library - Melbourne Burwood CampusBorrow it
      221 Burwood Highway, Burwood, Victoria, 3125, AU
      -37.846510 145.115099
    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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