EconPapers    
Economics at your fingertips  
 

Minsky and Dynamic Macroprudential Regulation

Jan Kregel

Economics Public Policy Brief Archive from Levy Economics Institute

Abstract: In the context of current debates about the proper form of prudential regulation and proposals for the imposition of liquidity and capital ratios, Senior Scholar Jan Kregel examines Hyman Minsky's work as a consultant to government agencies exploring financial regulatory reform in the 1960s. As Kregel explains, this often-overlooked early work, a precursor to Minsky's "financial instability hypothesis"(FIH), serves as yet another useful guide to explaining why regulation and supervision in the lead-up to the 2008 financial crisis were flawed—and why the approach to reregulation after the crisis has been incomplete.

Date: 2014-04
New Economics Papers: this item is included in nep-ban, nep-hpe and nep-pke
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
http://www.levyinstitute.org/pubs/ppb_131.pdf (application/pdf)

Related works:
Journal Article: Minsky and dynamic macroprudential regulation (2014) Downloads
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:lev:levppb:ppb_131

Access Statistics for this paper

More papers in Economics Public Policy Brief Archive from Levy Economics Institute
Bibliographic data for series maintained by Elizabeth Dunn ( this e-mail address is bad, please contact ).

 
Page updated 2025-03-30
Handle: RePEc:lev:levppb:ppb_131