Heterodox Views of Finance and Cycles in the Spanish Economy
Edition: First edition.
Series: Routledge Revivals
Publisher: Taylor and Francis
Published: 2017
Place of publication: London
Language: eng
Number of pages: 218
ISBN-13: 9781315191966
Subjects: Business cycles-Spain; Economic development; Mathematical models; Endogenous growth (Economics); Spain-Economic conditions-1975-2008; Développement économique; Modèles mathématiques
Description: "This title was first published in 2002: Why do endogenous cycles persist in Spain? Manuel Roman demonstrates a highly novel approach to the study of finance and the persistence of endogenous growth cycles, providing a balanced account of the Post Keynesian, Classical and Neo-classical political economy approaches. Finding key propositions from a representative set of heterodox cycles' models, he rigorously tests their chief claims, grounding his research in empirical data. The endogenous forces behind persistent fluctuations in the Spanish economy are also identified and explored in this theoretically rich text, the first of its kind to examine the Spanish economy in such great detail."--Provided by publisher.
Table of contents: title: Cover; Half Title; Title; Copyright; Contents; List of Figures and Tables; Preface; Acknowledgements; 1 Introduction; PART I: HETERODOX GROWTH AND CYCLES MODELS; 2 Shaikh's Model of Finance and Accumulation; 3 Goodwin's Growth Cycles; 4 Minsky's Financial Fragility; 5 Foley's Liquidity and Profit Cycles Model; PART II: OVERVIEW OF THE SPANISH ECONOMY; 6 The Spanish Economy in Transition; 7 Finance and Growth Cycles; 8 Recessions and Shocks; PART III: EVALUATING THE MODELS; 9 Profitability and Accumulation; 10 A Classical Growth and Cycles Model; Bibliography; Index.