Results 31 to 40 of about 9,167 (168)

The Modeling of Counter Machines by Two-Head Finite Automata

Моделирование и анализ информационных систем, 2012
A method of modeling the Minsky counter machine behaviour by a two-head finite automaton is proposed.
E. V. Kuzmin, V. A. Sokolov
doaj   +3 more sources

Typewritten Notes for Minsky\u27s PhD Thesis titled Financing 1 [PDF]

, 1949
Typewritten and then edited notes for Minsky\u27s PhD ...
Minsky, Hyman P., Ph.D.
core   +1 more source

Too Much Finance Redux

The Manchester School, EarlyView.
ABSTRACT This paper revisits the “too much finance” hypothesis by reassessing the relationship between financial depth and economic growth using an expanded dataset (1960–2019) and a systematic estimation strategy that avoids reliance on any single, potentially arbitrary sample window.
Jean‐Louis Arcand, Enrico Berkes, Ugo Panizza   +2 more
wiley   +1 more source

Debt deflation processes in today’s institutional environment

PSL Quarterly Review, 2015
In the observations of the economy as it moved towards the great collapse of the winter of 1932-33, the elements of what happens when the market system breaks down are revealed.
H.P. MINSKY
doaj   +1 more source

An Institutionalist Approach to Finance and an Illustrative Application to Investment Banking in the United States (1981-2008)

Revista de Economía Mundial, 2020
La crisis estadounidense de 2008 revivió las contribuciones del institucionalismo poskeynesiano (PKI) y particularmente de Hyman Minsky. Como se sabe, sus teorías conectaban las finanzas con dinámicas macroeconómicas desde una perspectiva institucional.
Oana Cristian, Clara García Fernández-Muro   +1 more
doaj   +1 more source

How Are “Financial Balances” Financed? Wicksell, (Keynes) and the US Mainstream Don't Fit Today's Institutions; Kalecki, Triffin, and Minsky Got it Right

Metroeconomica, EarlyView.
ABSTRACT The paper examines the financial balances of the US economy. Government is the main borrower and households and the foreign sector the main lenders. Business net lending is minimal. The balances and their underlying transactions contradict the loanable funds theory and its “global savings glut” variation.
Michalis Nikiforos, Lance Taylor
wiley   +1 more source

Pseudo, or Not? Neo‐Goodwinian Growth Cycles With Financial Linkages

Metroeconomica, EarlyView.
ABSTRACT A profit‐led Goodwin mechanism generates the observed counterclockwise activity–labor share cycle. Introducing a financial linkage can reproduce this pattern even when demand is not profit‐led. This paper extends neo‐Goodwinian theory by incorporating the valuation ratio into a four‐dimensional model.
Rudiger von Arnim, Luis Felipe Eick
wiley   +1 more source

Handwritten notes for Minsky\u27s PhD Thesis titled Increasing Costs [PDF]

, 1949
Handwritten notes for Minsky\u27s PhD thesis.
Minsky, Hyman P., Ph.D.
core   +1 more source

Beginnings

PSL Quarterly Review, 2013
The paper is a contribution to a series of recollections and reflections on the professional experiences of distinguished economists which the Banca Nazionale del Lavoro Quarterly Review started in 1979.
H.P. MINSKY
doaj   +1 more source

Contractionary Effects of Devaluation and the Balance Sheet Effect in a Macroeconomic Model With Heterogeneous Firms

Metroeconomica, EarlyView.
ABSTRACT We propose a demand‐led heterogeneous firm macroeconomic model to study the impact of an exchange rate devaluation on output and financial stability. We simulate the model and find that, in the presence of foreign debt, a devaluation can have contractionary effects.
Lucca Gustafson Rodrigues, Lílian Rolim, Laura Carvalho   +2 more
wiley   +1 more source