Economists and depression: did it happen again? On Minsky's financial macroeconomics
Few economist expected the severity of the recent financial crisis because they were no longer familiar with the early literature of monetary cycles. Hyman Minsky preserved this tradition in his financial instability hypothesis. This paper shows how it would have provided a more cogent interpretation of the impact of the subprime mortgage crisis on the financial system and the real economy.
When requesting a correction, please mention this item's handle: RePEc:hid:journl:v:22:y:2014:3:6:p:137-148. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mario Aldo Cedrini)
If references are entirely missing, you can add them using this form.