Financialization in the Light of Keynesian Theory

Episodes of financial crises are usually recognizable as belonging to a general pattern despite their different historical specificities. The present essay attempts to isolate and understand the recurring common features of several recent crises in advanced market economies in the light of Keynesian theory with some crucial modifications introduced later particularly by Kaldor and Minsky with respect to the financial sector.

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Year of publication:	2011
Authors:	Bhaduri, Amit
Published in:	PSL Quarterly Review. - Economia civile. - Vol. 64.2011, 256, p. 7-21
Publisher:	Economia civile
Subject:	financialization \| Keynes \| Minsky \| Kaldor \| aggregate demand \| capital gains

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Extent:	application/pdf
Type of publication:	Article
Classification:	E11 - Marxian; Sraffian; Institutional; Evolutionary ; E40 - Money and Interest Rates. General ; G1 - General Financial Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010747950