Teaching Minsky's financial instability hypothesis: a manageable suggestion

Sebastien Charles

Journal of Post Keynesian Economics, 2008, vol. 31, issue 1, pages 125-138

Abstract: For more than 20 years, Post Keynesian contributions, based on the work of Hyman Minsky, have been flourishing. However, these models are often extremely sophisticated, involving numerical simulations to obtain precise results. Thus, the main purpose of this paper is to propose an introductory and analytically tractable model of accumulation and debt, which integrates several Minskyan ideas such as endogenous interest rate and financial fragility.

Keywords: accumulation; debt; instability; Minsky (search for similar items in EconPapers)
Date: 2008

Downloads: (external link)
http://mesharpe.metapress.com/link.asp?target=contribution&id=V37J2P1M01R1053V (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:mes:postke:v:31:y:2008:i:1:p:125-138

Access Statistics for this article

More articles in Journal of Post Keynesian Economics from M.E. Sharpe, Inc.
Series data maintained by Christopher F. Baum ().