Find a copy in the library
Finding libraries that hold this item...
Details
Genre/Form: | Thèses et écrits académiques |
---|---|
Material Type: | Thesis/dissertation, Manuscript |
Document Type: | Book, Archival Material |
All Authors / Contributors: |
Véronique Reiffers; Christian de Boissieu; Université Paris 1 Panthéon-Sorbonne. |
OCLC Number: | 490854737 |
Description: | 1 vol. (368 f.) ; 30 cm. |
Responsibility: | Véronique Reiffers ; sous la direction de Christian de Boissieu. |
Abstract:
THE REAL EFFECTS WEAKNESS OF THE STOCK MARKET CRASH IN OCTOBER 1987 HAVE SURPRISED MOST OF THE ECONOMISTS. WOULD THIS SHOCK NEUTRALITY OVER GLOBAL DEMAND TEND TOWARDS PROVING THAT THE SUPPORTERS OF FINANCIAL-REAL DICHOTOMY ARE RIGHT ? AT FIRST WE ANALYSE THEORIES STUDYING THE REAL SPREADING WAYS OF A CHANGING IN FINANCIAL ASSETS PRICES AND ESPECIALLY STOCKS. IN A SECOND PART WE CONFRONT THE 1987 REALITY WITH THEORIES AND TRY TO EXPLAIN THE REAL EFFECTS LIMITATIONS MECHANISMS, THAT IS ON HOUSEHOLDS CONSUMPTION AND FIRMS INVESTMENT. THIRDLY WE SHOW WHAT IS THE GOVERNMENT INTERVENTION PART IN THIS DECONNECTION. THESE LARGE, QUICK, AND INTERNATIONALLY COORDINATED INTERVENTIONS HAVE CIRCUMBSCRIMBED THE CRASH TO THE FINANCIAL AREA, MAINTAINING CONFIDENCE IN THE FUTURE. REGARDING THE GLOBAL EXPECTATION SYSTEM, THESE PUBLIC ACTIONS HAVE CONTRIBUTED TO THWART THE REAL CONSEQUENCES, CREATING A COLLECTIVE RATIONALITY THAT INDUCED NON-RATIONALITY AT THE INDIVUDAL LEVEL AT VARIANCE WITH THEORICAL PRECEPTS.
Reviews

