Economists and depression: did it happen again? On Minsky's financial macroeconomics

Jan Kregel

History of Economic Ideas, 2014, vol. 22, issue 3, 137-148

Abstract: Few economist expected the severity of the recent financial crisis because they were no longer familiar with the early literature of monetary cycles. Hyman Minsky preserved this tradition in his financial instability hypothesis. This paper shows how it would have provided a more cogent interpretation of the impact of the subprime mortgage crisis on the financial system and the real economy.

Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.libraweb.net/articoli.php?chiave=201406103&rivista=61
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: https://EconPapers.repec.org/RePEc:hid:journl:v:22:y:2014:3:6:p:137-148

Access Statistics for this article

History of Economic Ideas is currently edited by Riccardo Faucci, Nicola Giocoli, Roberto Marchionatti

More articles in History of Economic Ideas from Fabrizio Serra Editore, Pisa - Roma
Bibliographic data for series maintained by Mario Aldo Cedrini ().