Results 1 to 10 of about 276,825 (302)
The Financial Instability Hypothesis [PDF]
SSRN Electronic Journal, 1999 The Financial Instability Hypothesis (FIH) has both empirical and theoretical aspects that challenge the classic precepts of Smith and Walras, who implied that the economy can be best understood by assuming that it is constantly an equilibrium-seeking and sustaining system.
Hyman P. Minsky
core +6 more sources
South African Journal of Economic and Management Sciences, 1999 Part I of the paper discussed Hyman Minsky's instability hypothesis and its main critics. Part II now gives a general appraisal of Minsky's theory.
J. S. Hart
doaj +4 more sources
South African Journal of Economic and Management Sciences, 1999 The 1990s have put the issue of global economic stability under the spotlight. This calls for a re-examination of the economic theory surrounding the subject. Here a three-fold classification is useful.
J. S. Hart
doaj +4 more sources
Hyman Minsky's financial instability hypothesis and the Greek debt crisis [PDF]
Russian Journal of Economics, 2015 This article attempts to analyze the current debt crisis in Greece based on the financial instability hypothesis developed by Hyman Minsky. This article shows that the hypothesis provides an understanding of how an economy endogenously becomes ...
Sergey Beshenov, Ivan Rozmainsky
doaj +3 more sources
The current financial crisis, monetary policy and Minsky's structural instability hypothesis [PDF]
International Journal of Political Economy, 2010 The object of this work is to evaluate the monetary policy issues that arose during the financial crisis of 2007-8 according to Minsky's thought. It is argued that Minsky's idea of structural instability may fit the policy problems linked to the crisis.
Domenica Tropeano
core +6 more sources
The Financial Instability Hypothesis: A Stochastic Microfoundation Framework [PDF]
SSRN Electronic Journal, 2010 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Carl Chiarella, Corrado Di Guilmi
+5 more sources
A Reconsideration of Minsky's Financial Instability Hypothesis [PDF]
Journal of Money, Credit and Banking, 2015 The worst and longest depressions have tended to occur after periods of prolonged, and reasonably stable, prosperity. This results in part from agents rationally updating their expectations during good times and hence becoming more optimistic about future economic prospects.
Sudipto Bhattacharya +3 more
openalex +3 more sources
Journal of Islamic Monetary Economics and Finance, 2017 The main subject of this paper is to discuss some issues in Minsky’s Financial Instability Hypothesis (FIH) and relate them with Islamic finance position in enhancing the stability of financial system.
Ugi Suharto
doaj +5 more sources
A Macroeconometric Assessment of Minsky’s Financial Instability Hypothesis [PDF]
SSRN Electronic Journal, 2013 The Financial Instability Hypothesis associated with Hyman Minsky has profound implications for the conduct of monetary policy in modern capitalist economies. At its core is the proposition that the central bank may contribute to the financial fragility of leveraged firms in its pursuit of inflation-targeting interest rate policies. This paper develops
Matthew Greenwood‐Nimmo +1 more
+6 more sources
Northern Ireland’s property market crisis: insights from Minsky’s Financial Instability Hypothesis [PDF]
Cambridge Journal of Economics, 2018 The financial crisis of 2007 has shown that standard mainstream macroeconomic models underpinned by general equilibrium theory fail to anticipate, explain and provide guidance on how to respond to such events (Stiglitz, 2011). Evidence in the Northern Ireland context has further suggested that applying these models to property markets may be ...
Emer Gallagher +2 more
openalex +2 more sources