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observed that periods of financial instability are common and it is the government's massive interventions since the World War …. Minsky believed that regulation should be linked to the structure of the financial system and effective policy making …
Persistent link: https://www.econbiz.de/10010820974
The 2007/08 financial crisis results in two major problems that issue difficult challenges for the economic theory and policy. The first challenge is the rise of unemployment notwithstanding growing imbalances of budget deficits. The second is the monetary and financial instability threatening...
Persistent link: https://www.econbiz.de/10010898561
financialised capitalism endogenously generates instabilities and identifies the capital development as the core issue in capitalist …
Persistent link: https://www.econbiz.de/10010899268
The spectacular failure of the 150-year old investment bank Lehman Brothers on September 15th, 2008 was a major turning point in the global financial crisis that broke out in the summer 2007. Through the use of stock market data and Credit Default Swap (CDS) spreads, this paper examines the...
Persistent link: https://www.econbiz.de/10010899300
linkbetween contributions and benefits has an impact on the level of capital per capita if and only if there are inequalities of …
Persistent link: https://www.econbiz.de/10009643779
This empirical analysis aims at assessing the effect of the economic climate and the intensity of capital utilisation … on companies' capital retirement behaviour. It is conducted using individual company data, as well as original data on … database is, to our knowledge, unique for the empirical analysis of the intensity of capital utilisation on firms' capital …
Persistent link: https://www.econbiz.de/10009353871
This note shows that, with pre-set price and capital decisions of firms facing uncertainty and financial market … imperfections, price, mark up and the expected degree of capacity utilization (resp. capital) decreases (resp. increases) with the …
Persistent link: https://www.econbiz.de/10010750432
In this paper we examine the impact of tied aid on capital accumulation and welfare in the presence of a quota on … and therefore reduce the stock of capital. In the presence of a strong production externality from capital accumulation …
Persistent link: https://www.econbiz.de/10010750921
This paper attempts to document and account for the long run evolution of inheritance. We find that in a country like France the annual flow of inheritance was about 20%-25% of national income between 1820 and 1910, down to less than 5% in 1950, and back up to about 15% by 2010. A simple...
Persistent link: https://www.econbiz.de/10010738844
juste valeur. Le " Framework " de l'IASB définit le capital de l'entreprise comme étant monétaire ou physique. Chacune de … ces conceptions du capital conduit à retenir des conventions d'évaluation adaptées pour la juste valeur des actifs et …
Persistent link: https://www.econbiz.de/10008876937