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Neo-Schumpeterian economics inspired by the work of Schumpeter and the financial Keynesianism of Minsky are often …" of financial products, through securitization. This allows on the one hand to broaden the application of Neo … applying the Financial Instability Hypothesis of Minsky to the alternative context of financial production. We maintain that …
Persistent link: https://www.econbiz.de/10011943174
In this paper, I examine whether Hyman P. Minsky adopted an endogenous money approach in his early work - at the time … that he was first developing his financial instability approach. In an earlier piece (Wray 1992), I closely examined Minsky … wrote in 1987 on "securitization"), he consistently held an endogenous money view. I'll refer briefly to that published work …
Persistent link: https://www.econbiz.de/10010513077
In this paper, I examine whether Hyman P. Minsky adopted an endogenous money approach in his early work - at the time … that he was first developing his financial instability approach. In an earlier piece (Wray 1992), I closely examined Minsky … wrote in 1987 on "securitization"), he consistently held an endogenous money view. I'll refer briefly to that published work …
Persistent link: https://www.econbiz.de/10010462515
In this paper, I examine whether Hyman P. Minsky adopted an endogenous money approach in his early work--at the time … that he was first developing his financial instability approach. In an earlier piece (Wray 1992), I closely examined Minsky … wrote in 1987 on "securitization"), he consistently held an endogenous money view. I'll refer briefly to that published work …
Persistent link: https://www.econbiz.de/10011141199
of Hyman Minsky, although analyses by John Kenneth Galbraith and Thorstein Veblen of the causes of the 1930s collapse are … money and finance should not matter much, the alternative tradition-from Veblen and Keynes to Galbraith and Minsky …
Persistent link: https://www.econbiz.de/10008876439
This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of financing spending. We next examine the role played by financial institutions (e.g., banks) in the provision of finance. The role of government as both regulator of private...
Persistent link: https://www.econbiz.de/10008854453
Persistent link: https://www.econbiz.de/10012299922
Persistent link: https://www.econbiz.de/10012206966
At the forefront of macroeconomic research on the causes of the Great Financial Cri- sis (GFC) was and still is the usage of dynamic stochastic general equilibrium (DSGE) models. To capture the nonlinearities of the GFC, these models were enriched with a variety of financial frictions. This...
Persistent link: https://www.econbiz.de/10012198325
Persistent link: https://www.econbiz.de/10014330275