Publications

Book Series | November 1992

Financial Conditions and Macroeconomic Performance

Essays in Honor of Hyman P. Minsky. Edited by Steven Fazzari and Dimitri B. Papadimitriou
Financial Conditions and Macroeconomic Performance

This collection of papers on financial instability and its impact on macroeconomic performance honors Hyman P. Minsky and his lifelong work. The papers consider the clear and disturbing sequence of events described in Minsky’s definitive analysis: boom, government intervention to prevent debt contraction, new boom that causes progressive buildup of new debt and eventually leaves the economy more fragile financially. The collection is based on a 1990 conference at Washington University and contains papers by Benjamin M. Friedman, Charles P. Kindleberger, Jan A. Kregel, Steven M. Fazzari, and others.

Publication Highlight

One-Pager No. 53
Falling Labor Force Participation
Demographics or Lack of Jobs?
Author(s): Flavia Dantas, L. Randall Wray
February 2017

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