Inside Debt and Economic Growth

Thomas Palley

Chapter 9 in Financialization, 2013, pp 145-161 from Palgrave Macmillan

Abstract: Abstract Chapter 4 explored the role of debt and financial market exuberance in the business cycle. Chapter 8 extended the analysis of cycles to incorporate the idea of a financial super-cycle that operates over several business cycles. This chapter further extends the time period of analysis to the long-run growth effects of financialization, particularly increased inside (that is, private sector) debt.1

Keywords: Capacity Utilization; Bond Market; Wage Bill; High Debt; Corporate Debt (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-26582-1_9

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137265821

DOI: 10.1057/9781137265821_9

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().