The Subprime Crisis: A Minskyan Phenomenon?

Elisabetta De Antoni

Chapter 13 in Macroeconomics, Finance and Money, 2010, pp 196-208 from Palgrave Macmillan

Abstract: Abstract The widely touted Great Moderation and its calamitous end seemingly fit the financial instability hypothesis perfectly. Not by chance, the subprime crisis has been considered the result of a ‘Minsky credit bubble’, as the ‘Minsky moment’ preceding a ‘Minsky meltdown’ (Roubini, 2007a and 2007b; Whalen, 2007; Wray, 2007).

Keywords: Monetary Policy; House Price; Asset Price; Fiscal Policy; Capital Gain (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-0-230-28558-3_13

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230285583

DOI: 10.1057/9780230285583_13

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().