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Kniha Timber Bubble That Burst Joe P. Mattey

Timber Bubble That Burst

Government Policy and the Bailout of 1984

Autor: Joe P. Mattey
Jazyk: Angličtina
Väzba: Pevná
Vydavateľ: Oxford University Press Inc
Dostupnosť: Skladom u dodávateľa
Odosielame za 9-15 dní
74.97 €
In this book, Mattey studies the unusual movements in the price of federal timber over 1979-1981. Wi...

Informácie o knihe

Autor
Joe P. Mattey
Jazyk
Angličtina
Väzba
Kniha - Pevná
Vydalo
1991
Stránok
118
EAN
9780195062755
ISBN
0195062752
Enbook ID
04512697
Vydavateľ
Oxford University Press Inc
Hmotnosť
327
Rozmery
146 x 224 x 13

Kompletný popis

In this book, Mattey studies the unusual movements in the price of federal timber over 1979-1981. Wide differentials between the price of timber, future contracts, and the price of delivered timber threw the Pacific Northwest into a recession in 1982-84 when timber buyers delayed harvests in order to postpone the realization of their losses on their contracts. Mattey shows that it was not so much the actions of the Federal Reserve - which was widely blamed for the crisis - but the actions of the buyers themselves that caused the recession.

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