Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/81685 
Autor:innen: 
Erscheinungsjahr: 
2008
Schriftenreihe/Nr.: 
Discussion Paper No. 2008/4
Verlag: 
Turkish Economic Association, Ankara
Zusammenfassung: 
The Keynesian analysis of financial stability as developed by Hyman Minsky, provides considerable insights into understanding the nature and dynamics of boom-bust cycles driven by international capital flows in emerging markets. Its main policy conclusion that financial control rather than macroeconomic policy holds the key to financial stability is equally valid. There is however, need to develop a new approach to financial control and place greater emphasis on managing capital inflows than has hitherto been the case
Schlagwörter: 
Financial instability
countercyclical policy
financial regulation
JEL: 
E32
F32
G18
Dokumentart: 
Working Paper

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