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Ciclos comerciales y crediticios, inestabilidad financiera y desencadenantes de recesión

Business and credit cycles, financial instability and recession triggers

Filip Blazheski and Adrian Casillas

No 19/13, Working Papers from BBVA Bank, Economic Research Department

Abstract: The paper presents a quasi-historiographical or \"narrative\" analysis of the most critical developments occurring prior to and through the last nine recessions in light of Minsky’s theory of financial instability. The paper presents a quasi-historiographical or \"narrative\" analysis of the most critical developments occurring prior to and through the last nine recessions in light of Minsky’s theory of financial instability.

Keywords: Recession; Recesión; Financial conditions; Condiciones financieras; Business cycles; Ciclos económicos; Leverage; Apalancamiento; Credit cylce; Ciclo de crédito; USA; EEUU; Banks; Banca; Global Economy; Economía Global; Working Papers; Documento de Trabajo (search for similar items in EconPapers)
Date: 2019-12
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Persistent link: https://EconPapers.repec.org/RePEc:bbv:wpaper:1913

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