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The First Great Recession of the 21st Century

Editor

Listed:
  • Óscar Dejuán
  • Eladio Febrero
  • Maria Cristina Marcuzzo

Abstract

The 2008–10 financial crisis and the global recession it created is a complex phenomenon that warrants detailed examination. The various essays in this book utilise several alternative paradigms to provide a plausible explanation and a credible cure. Great detail is given to this important analysis from different theoretical perspectives, presenting a clearer understanding of what went wrong and expounding misinterpretations of current theories and practices.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Óscar Dejuán & Eladio Febrero & Maria Cristina Marcuzzo (ed.), 2011. "The First Great Recession of the 21st Century," Books, Edward Elgar Publishing, number 14193.
    • Handle: RePEc:elg:eebook:14193
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    References listed on IDEAS

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    1. Marisol Esteban & Amaia Altuzarra, 2008. "A model of the Spanish housing market," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 30(3), pages 353-373, April.
    2. Graziani,Augusto, 2003. "The Monetary Theory of Production," Cambridge Books, Cambridge University Press, number 9780521812115.
    3. Milton Friedman & Anna J. Schwartz, 1963. "A Monetary History of the United States, 1867–1960," NBER Books, National Bureau of Economic Research, Inc, number frie63-1, March.
    4. Friedman, Milton, 1977. "Nobel Lecture: Inflation and Unemployment," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 451-472, June.
    5. DeLoach, Stephen B, 2001. "More Evidence in Favor of the Balassa-Samuelson Hypothesis," Review of International Economics, Wiley Blackwell, vol. 9(2), pages 336-342, May.
    6. Guy Debelle, 2004. "Macroeconomic implications of rising household debt," BIS Working Papers 153, Bank for International Settlements.
    7. Stephen B. DeLoach, 2001. "More Evidence in Favor of the Balassa–Samuelson Hypothesis," Review of International Economics, Wiley Blackwell, vol. 9(2), pages 336-342, May.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Davide Gualerzi, 2017. "Crisis in the Eurozone: Austerity and Economic Transformation," Review of Radical Political Economics, Union for Radical Political Economics, vol. 49(3), pages 394-409, September.
    2. Carlo Zappia, 2012. "Re-reading Keynes after the crisis: probability and decision," Department of Economics University of Siena 646, Department of Economics, University of Siena.
    3. Steven Kates, 2011. "The Role of the History of Economic Thought in the Development of Economic Theory and Policy," Chapters, in: Óscar Dejuán & Eladio Febrero & Maria Cristina Marcuzzo (ed.), The First Great Recession of the 21st Century, chapter 10, Edward Elgar Publishing.
    4. Catherine P. Winnett & Adrian B. Winnett, 2011. "Innovation, Growth, Cycles and Finance: Three (or Four or More) Stories from the 1930s and their Lessons," Chapters, in: Óscar Dejuán & Eladio Febrero & Maria Cristina Marcuzzo (ed.), The First Great Recession of the 21st Century, chapter 7, Edward Elgar Publishing.
    5. Van Den Hauwe Ludwig, 2016. "Understanding Financial Instability: Minsky Versus the Austrians," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 22(1), pages 25-60, July.
    6. Julio Segura, 2011. "Did Economic Analysis Fail in the Current Financial Crisis?," Chapters, in: Óscar Dejuán & Eladio Febrero & Maria Cristina Marcuzzo (ed.), The First Great Recession of the 21st Century, chapter 5, Edward Elgar Publishing.
    7. Óscar Dejuán & Eladio Febrero, 2011. "The Aftermath of a Long Decade of Real Nil Interest Rates (Spain 1996–2008)," Chapters, in: Óscar Dejuán & Eladio Febrero & Maria Cristina Marcuzzo (ed.), The First Great Recession of the 21st Century, chapter 14, Edward Elgar Publishing.
    8. Gumersindo Ruiz & Ramón Trías, 2011. "Financial Crisis and Risk Measurement: The Historical Perspective and a New Methodology," Chapters, in: Óscar Dejuán & Eladio Febrero & Maria Cristina Marcuzzo (ed.), The First Great Recession of the 21st Century, chapter 4, Edward Elgar Publishing.
    9. Ekaterina Svetlova & Matthias Fiedler, 2011. "Understanding Crisis: On the Meaning of Uncertainty and Probability," Chapters, in: Óscar Dejuán & Eladio Febrero & Maria Cristina Marcuzzo (ed.), The First Great Recession of the 21st Century, chapter 3, Edward Elgar Publishing.
    10. Dirk J. Bezemer, 2011. "Who Predicted the Crisis and What Can We Learn from Them?," Chapters, in: Óscar Dejuán & Eladio Febrero & Maria Cristina Marcuzzo (ed.), The First Great Recession of the 21st Century, chapter 1, Edward Elgar Publishing.
    11. Ricardo Crespo & Daniel Heymann & Pablo Schiaffino, 2015. "Dealing with uncertainty evolving beliefs, rationalizations & the origins of economic crises," Documentos de trabajo del Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET) 2015-8, Universidad de Buenos Aires, Facultad de Ciencias Económicas, Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET).

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    Keywords

    Economics and Finance;

    JEL classification:

    • B0 - Schools of Economic Thought and Methodology - - General

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