Similar Search Results

"Financialisation" in Kaleckian, post-Kaleckian models of distribution and growth

Hein, Eckhard; Treeck, Till van - 2007

The macroeconomic effects of "financialisation" are assessed applying two different variants of a Kaleckian model of … growth.A revised version of this paper was published as: Hein, E., van Treeck, T. (2010): Financialisation and rising …

Persistent link: https://www.econbiz.de/10003747641

Financialization : what it is and why it matters

Palley, Thomas I. (contributor) - 2007

Financialization is a process whereby financial markets, financial institutions, and financial elites gain greater influence over economic policy and economic outcomes. Financialization transforms the functioning of economic systems at both the macro and micro levels. Its principal impacts are...

Persistent link: https://www.econbiz.de/10003727251

Income Dynamics, Economic Rents and the Financialization of the US Economy

Tomaskovic-Devey, Donald; Lin, Ken-Hou - 2011

The 2008 collapse of the world financial system, while proximately linked to the housing bubble and risk laden mortgage backed securities, was a consequence of the financialization of the U.S. economy since the 1970s. This paper examines the institutional and income dynamics associated with...

Persistent link: https://www.econbiz.de/10014198868

Financialisation and demand and growth regimes : a review of post-Keynesian contributions

Hein, Eckhard; Treeck, Till van - 2024

We review post-Keynesian assessments of the macroeconomic demand and growth impacts of financialisation. First, we … examine the channels of influence of financialisation on distribution and on the different components of private aggregate … of financialisation in the context of the postKeynesian theory of the firm and explain the other channels from there. An …

Persistent link: https://www.econbiz.de/10014490639

Financialisation of the Commodity Markets. Conclusions from the VARX DCC GARCH

Szafranek, Karol - 2016

markets financialisation. The empirical analysis presented here supports the claim that since 2005 commodity markets have been … from 2005 to 2011 signaling the process of financialisation. Additional conclusions are drawn regarding the stability of …

Persistent link: https://www.econbiz.de/10013003293

Macroeconomic Implications of Financialisation

Skott, Peter; Ryoo, Soon - 2010

A growing literature suggests that ‘financialisation’ may weaken the performance of non-financial corporations and … qualitative effects of ‘financialisation’ are insensitive to the precise specification of household saving behaviour but depend …

Persistent link: https://www.econbiz.de/10014213154

The Financialization of Commodity Markets

Cheng, Ing-Haw - 2013

The large inflow of investment capital to commodity futures markets in the last decade has generated a heated debate about whether financialization distorts commodity prices. Rather than focusing on the opposing views concerning whether investment flows either did or did not cause a price...

Persistent link: https://www.econbiz.de/10013073400

Money Manager Capitalism and the Global Financial Crisis

Wray, L. Randall - 2009

This paper applies Hyman Minsky's approach to provide an analysis of the causes of the global financial crisis. Rather than finding the origins in recent developments, this paper links the crisis to the long-term transformation of the economy from a robust financial structure in the 1950s to the...

Persistent link: https://www.econbiz.de/10013156084

Financialisation and the slowdown of labour productivity in Portugal : a post-Keynesian approach

Correia, Diogo; Barradas, Ricardo - In: PSL quarterly review 74 (2021) 299, pp. 325-346

This paper conducts a time series econometric analysis in order to empirically evaluate the role of financialisation in … economy faced a financialisation phenomenon due to the European integration process and the corresponding imposition of a … phenomenon of financialisation has impaired labour productivity, namely weak economic performance, the fall in labour's share of …

Persistent link: https://www.econbiz.de/10013175143

Time-frequency analysis of financial stress and global commodities prices : insights from wavelet-based approaches

Armah, Mohammed; Amewu, Godfred; Bossman, Ahmed - In: Cogent economics & finance 10 (2022) 1, pp. 1-25

We examine the time-frequency lead-lag relationships and the degree of integration between the US financial stress index and global commodity prices (i.e., oil, gold, silver, and cocoa) with data covering over 47 decades (January 1975 to December 2021). For this purpose, we resort to the bi- and...

Persistent link: https://www.econbiz.de/10013389437