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A “Minsky crisis” in a Stock-Flow Consistent model
Published 2014-12-01“…We show that this demonstration, based on the assumption of a pro-cyclical leverage ratio, is incompatible with the Kaleckian analysis of profits endorsed by Minsky. Therefore we suggest replacing the assumption of a pro-cyclical leverage ratio with one of a pro-cyclical short-term borrowing, which also appears in Minsky’s work.…”
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La crise du crédit à risque américain : une interprétation par l’Hypothèse d’Instabilité Financière de Minsky
Published 2009-06-01“…This article presents Minsky’s Financial Instability Hypothesis (FIH) and tries to demonstrate its relevance in the explanation of the current financial crisis. …”
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POST-KEYNESIAN THEORY AND ITS CRITIQUE TO NEOCLASSICAL ECONOMICS
Published 2007-06-01Subjects: Get full text
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POST-KEYNESIAN THEORY AND ITS CRITIQUE TO NEOCLASSICAL ECONOMICS
Published 2007-06-01Subjects: Get full text
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THE CONTRIBUTION OF J. M. KEYNES TO THE ANALYSIS OF THE PSYCHOLOGICAL MOTIVES OF ECONOMIC BEHAVIOR
Published 2016-06-01“…The article examines the contribution of John Maynard Keynes to the study of the psychological motives of economic behavior. The origins of the analysis of the psychological motives in economics before Keynes are reviewed. …”
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POST-KEYNESIANISM: EVOLUTION OF KEYNESIAN MACROECONOMICS IN THE 20TH CENTURY
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Post-keynésiens et régulationnistes :Une alternative à la crise de l’économie standard ?
Published 2011-12-01“…A possible convergence was manifested first in the formalization of the Post War II Fordist growth regime as a particular form of cumulative causation, second in the analysis of successive speculative booms in terms of financial instability “à la Minsky” and finally by the use of stock-flow models in order to identify the transmission channels of monetary policy and check the sustainability of the ongoing disequilibria observed in the world economy and the European Union. …”
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