The present paper applies Hyman P. Minsky's insights on financial fragility in order to analyze the behavior of … electricity distribution companies in Brazil from 2007 to 2015. More specifically, it builds an analytical framework to classify … each firm and in the sector as a whole. This work adapts Minsky's financial fragility indicators and taxonomy to the …

, this paper looks at 12 essential elements necessary to get a good understanding of Minsky's theory, and argues that those … understanding of the essential dynamics that Minsky put forward: the Financial Instability Hypothesis. …

aggregate investment and to introduce nonlinearities in the modeling of Minsky’s framework. This nonlinearity relies on the …

The essential insight Minsky drew from Keynes was that optimistic expectations about the future create a margin … the business cycle can explain two of Minsky's central propositions relative to business cycle turning points that have …

This paper contrasts the economic incentives implicit in the Keynes-Minsky approach to inherent financial market …

has become increasingly fragile. Minsky's notion of fragility, on which it is based, is related to history, policy and … derivatives and the changes in financial regulation. All these elements have jointly triggered several feedback loops. In Minsky … Minsky has taught us since a long time. …

The present paper applies Hyman P. Minsky's insights on financial fragility in order to analyze the behavior of … electricity distribution companies in Brazil from 2007 to 2015. More specifically, it builds an analytical framework to classify … each firm and in the sector as a whole. This work adapts Minsky's financial fragility indicators and taxonomy to the …

framework developed by Hyman P. Minsky, the paper focuses on the risk of amplification of shock via a debt deflation instead of …