Financialization: What It Is and Why It Matters

Thomas Palley

Chapter 2 in Financialization, 2013, pp 17-40 from Palgrave Macmillan

Abstract: Abstract This chapter explores the core construct of financialization. The chapter focuses on the US economy, which is where financialization seems to be most developed. However, judging by the increase in rentier income shares, financialization appearsto have infected all industrialized economies (Power et al., 2003; Jayadev and Epstein, 2007).

Keywords: Corporate Governance; Business Cycle; Asset Price; Stock Option; Debt Ratio (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (23)

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Related works:
Working Paper: Financialization: What it is and Why it Matters (2008)
Working Paper: Financialization: What It Is and Why It Matters (2007)
Working Paper: Financialization: What It Is and Why It Matters (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-26582-1_2

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DOI: 10.1057/9781137265821_2

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