Results 11 to 20 of about 276,825 (302)
Determinants of Financial Fragility in Jordanian Non-Financial Firms: Empirical Evidence Based on the Financial Instability Hypothesis [PDF]
International Journal of Financial StudiesFinancial fragility among non-financial corporations (NFCs) has become a critical concern in developing economies, where both firm-specific and macroeconomic conditions shape corporate financial stability.
Firas Naim Dahmash +3 more
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Minsky’s Financial Instability Hypothesis and the Leverage Cycle [PDF]
SSRN Electronic Journal, 2011 Busts after periods of prolonged prosperity have been found to be catastrophic. Financial institutions increase their leverage and shift their portfolios towards projects that were previously considered too risky. This results from institutions rationally updating their expectations and becoming more optimistic about the future prospects of the economy.
Sudipto Bhattacharya +3 more
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The Financial Instability Hypothesis and the Financial Crisis in Eastern European Emerging Economies [PDF]
SSRN Electronic Journal, 2019 The present paper applies the financial instability hypothesis in order to explain the financial crises of 2008-2010 in eleven emerging Eastern European economies Also, it seeks to map if institutional frameworks of these countries enabled them to stand against the factors leading into the financial crisis.
Ola Honningdal Grytten, Viktoriia Koilo
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An Empirical Examination of Minsky's Financial Instability Hypothesis
SSRN Electronic Journal, 2010 Minsky proposed classifying firms in three categories: 1) hedge finance units which borrow no more than they are able to service in interest and principal out of operating cash flows, 2) speculative finance units which are over-leveraged to the point where they can service interest on their debt out of earnings, but cannot repay the principal, and thus
Robert F. Mulligan +2 more
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Minsky’s Financial Instability Hypothesis vs. Austrian Business Cycle Theory
REVISTA PROCESOS DE MERCADO, 2018 This article represents a detailed theoretical analysis, focusing on two heterodox theories: the Minsky’s Financial Instability Hypothesis and the Aus- trian Business Cycle Theory, particularly in the light of the 2008 crisis. It provi- des a theoretical comparative analysis of these theories and a review of the empirical studies of two approaches ...
Olga Peniaz
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Learning, Expectations, and the Financial Instability Hypothesis
SSRN Electronic Journal, 2015 Expectations matter. Many economic and financial decisions depend on the perception of future incomes and prices. The evolution of expectations, and how correct they are over time, determines the stability of the system.
Martín Guzmán, Peter Howitt
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UIP, the Carry Trade and Minsky’s Financial Instability Hypothesis in the CEE and CIS [PDF]
, 2014 Spaces of spinor-valued homogeneous polynomials, and in particular spaces of spinor-valued spherical harmonics, are decomposed in terms of irreducible representations of the symplectic group Sp$( p)$.
Robert Hayward, Jens Hölscher
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Minsky and the Subprime Mortgage Crisis: The Financial Instability Hypothesis in the Era of Financialization [PDF]
SSRN Electronic Journal, 2014 The aim of this paper is to develop a structural explanation of the subprime mortgage crisis, grounded on the combination of two apparently incompatible financial theories: the financial instability hypothesis by Hyman P. Minsky and the theory of capital market inflation by Jan Toporowski.
Eugenio Caverzasi
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Macroprudential policy and financial stability [PDF]
Theoretical and Applied Economics, 2013 This paper tries a conceptual framing of the issue of financial stability in economic theory and also to identify solutions to address episodes of financial instability.
Bogdan CHIRIACESCU
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Banking crises and financial instability: Empirical and historical lessons [PDF]
Banks and Bank Systems, 2021 The paper examines the importance of financial instability for the development of four Norwegian banking crises. The crises are the Post First World War Crisis during the early 1920s, the mid 1920s Monetary Crisis, the Great Depression in the 1930s, and ...
Ola Honningdal Grytten
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