Książka Timber Bubble That Burst Joe P. Mattey

Timber Bubble That Burst

Government Policy and the Bailout of 1984

Autor: Joe P. Mattey
Język: Angielski
Oprawa: Twarda
Dostępność: Dostępna u dostawcy
Wysyłamy za 9-15 dni
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In this book, Mattey studies the unusual movements in the price of federal timber over 1979-1981. Wi...

Informacje o książce

Język
Angielski
Oprawa
Książka - Twarda
Data wydania
1991
strony
118
EAN
9780195062755
ISBN
0195062752
Enbook ID
04512697
Waga
327
Wymiary
146 x 224 x 13

Pełny opis

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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