Publications

194 publications found, searching for 'Financial Instability '

• Strategic Analysis November 30, 2007

  The US Economy: Is There a Way Out of the Woods?

  Wynne Godley, Dimitri B. Papadimitriou, and Gennaro Zezza
  Abstract

  In their latest Strategic Analysis, Distinguished Scholar Wynne Godley, President Dimitri B. Papadimitriou, and Research Scholars Greg Hannsgen and Gennaro Zezza review recent events in the housing and financial markets to obtain a likely scenario for the evolution of household spending in the United States. They forecast a significant drop in borrowing and private expenditure […]

  Download Strategic Analysis, November 2007 PDF (316.57 KB)
• Strategic Analysis April 30, 2007

  The US Economy: What’s Next?

  Wynne Godley, Dimitri B. Papadimitriou, and Gennaro Zezza
  Abstract

  The collapse in the subprime mortgage market, along with multiple signals of distress in the broader housing market, has already drawn forth a large body of comment. Some people think the upheaval will turn out to be contagious, causing a major slowdown or even a recession later in 2007. Others believe that the turmoil will […]

  Download Strategic Analysis, April 2007 PDF (622.28 KB)