Similar Search Results

Wray, L. Randall - Levy Economics Institute - 2011

global financial crisis, which could be blamed on excessive financialization of the economy. …

Persistent link: https://www.econbiz.de/10008854453

"The (Normal) Rate of Capacity Utilization at the Firm Level"

Nikiforos, Michalis - Levy Economics Institute - 2012

This paper examines the endogeneity (or lack thereof) of the rate of capacity utilization in the long run at the firm level. We provide economic justification for the adjustment of the desired rate of utilization toward the actual rate on behalf of a cost-minimizing firm after examining the...

Persistent link: https://www.econbiz.de/10010627288

"Global Financial Crisis: A Minskyan Interpretation of the Causes, the Fed's Bailout, and the Future"

Wray, L. Randall - Levy Economics Institute - 2012

private sector debt in the United States and many other countries, financialization of the global economy (itself a very …

Persistent link: https://www.econbiz.de/10010539728

"Trade and Payments Theory in a Financialized Economy"

Hudson, Michael - Levy Economics Institute - 2011

off property and onto employment and retail sales spurs the financialization of family and business budgets as tax cuts on …

Persistent link: https://www.econbiz.de/10009395383

"How Brazil Can Defend Against Financialization and Keep Its Economic Surplus for Itself"

Hudson, Michael - Levy Economics Institute - 2010

supportive of capital investment, public infrastructure, and living standards. In the sphere of trade, countries need to rebuild …

Persistent link: https://www.econbiz.de/10008693145

"Minsky and the Subprime Mortgage Crisis: The Financial Instability Hypothesis in the Era of Financialization"

Caverzasi, Eugenio - Levy Economics Institute - 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. Our...

Persistent link: https://www.econbiz.de/10010757313

"The Global Financial Crisis and the Shift to Shadow Banking"

Nersisyan, Yeva; Wray, L. Randall - Levy Economics Institute - 2010

financial sector to claim an ever-rising proportion of national income—what is sometimes called "financialization"—as the …

Persistent link: https://www.econbiz.de/10008629630

"The Global Financial Crisis and a New Capitalism?"

Bresser-Pereira, Luiz Carlos - Levy Economics Institute - 2010

The 2008 global financial crisis was the consequence of the process (1) of financialization, or the creation of massive …

Persistent link: https://www.econbiz.de/10008679830

"The Transition from Industrial Capitalism to a Financialized Bubble Economy"

Hudson, Michael - Levy Economics Institute - 2010

For the past decade, the U.S. economy has been driven not by industrial investment but by a real estate bubble … lenders—has spurred a shift in U.S. investment away from industry and toward speculation, mainly in real estate but also in …

Persistent link: https://www.econbiz.de/10008679875

"Financialization and Corporate Investments: The Indian Case"

Sen, Sunanda; DasGupta, Zico - Levy Economics Institute - 2015

Financialization creates space for the financial sector in economies, and in doing so helps to raise the share of …

Persistent link: https://www.econbiz.de/10011122633