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This paper reviews the literature on the finance-growth nexus within a neoclassical growth framework, placing an … Agenda. While more research is needed to establish causality and verify the theoretical channels linking access to finance … countries financial development fosters aggregate growth mainly by lowering the cost of capital, while in advanced economies by …
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Since the death of Hyman Minsky in 1996, much has been written about financialization. This paper explores the issues … that Minsky examined in the last decade of his life and considers their relationship to that financialization literature … how Minsky’s observations and framework represent a major contribution to the study of financialization. Part IV …
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Since Hyman Minsky’s death in 1996, much has been written about financialization. This article - by means of the … decade of his life and considers their relationship to the financialization literature. At the heart of those issues is what … Minsky called money manager capitalism, which he viewed through the lens of a theory of capitalist development inherited from …
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