IDEAS home Printed from https://ideas.repec.org/a/voj/journl/v60y2013i3p249-290id360.html

Finance Capitalism: A Look at the European Financial Accounts

Author

Listed:
  • Massimo Cingolani

Abstract

The paper explores the financial accounts database of Eurostat, a rich set of data that is largely unexploited. It describes the main financial developments at EU level during the 1990-2010 period, both in terms of institutional agents and financial products. The paper provides evidence on the consequences of asset price inflation for wealth distribution between institutional agents and argues that the conceptual scheme of the “double monetary circuit” of existing and recycled savings helps in describing and explaining the observed patterns of financialisation. Key words: Europe, Asset price inflation, Income distribution.JEL: E01, N100, N200, D530, E440, G010.

Suggested Citation

  • Massimo Cingolani, 2013. "Finance Capitalism: A Look at the European Financial Accounts," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 60(3), pages 249-290.
    • Handle: RePEc:voj:journl:v:60:y:2013:i:3:p:249-290:id:360
    as

    Download full text from publisher

    File URL: https://panoeconomicus.org/index.php/jorunal/article/view/360/343
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Botta, Alberto & Caverzasi, Eugenio & Tori, Daniele, 2015. "Financial-real side interactions in the monetary circuit: loving or dangerous hugs?," Greenwich Papers in Political Economy 13624, University of Greenwich, Greenwich Political Economy Research Centre.

    More about this item

    Keywords

    ;
    ;
    ;

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:voj:journl:v:60:y:2013:i:3:p:249-290:id:360. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kosta Josifidis (email available below). General contact details of provider: https://panoeconomicus.org/index.php/jorunal/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.