Financialization and the US Economy

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Edward Elgar Publishing, Jan 1, 2008 - Business & Economics - 176 pages
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Profound transformations have taken place both in the US and the global economy, most especially in the realm of finance. This title brings together a comprehensive analysis of financialization in the US economy that encompasses historical, theoretical, a
 

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Contents

1 Introduction
3
2 Stylized facts
11
3 Historical context
24
4 Perspectives on financialization
41
PART II Financialization and capital accumulation
79
a theoretical discussion
81
aggregate analysis
99
firmlevel analysis
117
8 Conclusion
129
Bibliography
135
Index
149
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