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dc.contributor.authorTemoigne, Ericen_US
dc.date.accessioned2010-05-14T11:08:20Z-
dc.date.available2010-05-14T11:08:20Z-
dc.date.issued2006en_US
dc.identifier.urihttp://hdl.handle.net/10419/31497-
dc.description.abstractThis is the second part of a three-part analysis of the Minskyan framework. It studies in detail the dynamics at the root of the endogenous financial weakening of capitalist economic systems. This part combines the properties presented in part I with other important concepts, such as the paradox of leverage and conventional expectations, to explain the Financial Instability Hypothesis. It is demonstrated that the signs of fragility are not always visible and that financial weakening can take many different (even though well-defined) routes. This is used to draw some conclusion about the appropriate way to test for this hypothesis and the limit of data.en_US
dc.language.isoengen_US
dc.publisherThe Levy Economics Inst. of Bard College Annandale-on-Hudson, NYen_US
dc.relation.ispartofseriesWorking papers // The Levy Economics Institute 453en_US
dc.subject.jelE5en_US
dc.subject.ddc330en_US
dc.subject.keywordPost Keynesian economicsen_US
dc.subject.keywordMinskyen_US
dc.subject.keywordfinancial fragilityen_US
dc.titleDynamics of the Minskyan analysis and the financial fragility hypothesis / by Eric Temoigne (The Minskyan systemen_US
dc.typeWorking Paperen_US
dc.identifier.ppn570173914en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Working Papers, Levy Economics Institute of Bard College

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