Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/148255
Authors: 
Iancu, Aurel
Year of Publication: 
2014
Series/Report no.: 
Working Papers of National Institute of Economic Research, Romanian Academy 141007
Abstract: 
In this study I review the main scientific contributions of Minsky and other scholars to the financial instability and crisis issues, and the role of institutions in modeling the medium and long financial and business waves. The topics developed in this paper are the following: the relationships between financial instability, financial and business crisis and institutions; the thwarting of the explosive instability by the specific institutions' actions and regulations; the impact of the institutional changes on the financial and business cycles; an empiric approach to the financial and business cycles and their synchronization in the Central and Eastern European countries/ members of the EU, taking into account the main characteristics of the changes in these countries' institutions.
Subjects: 
financial instability
business cycles
financial cycles
institutions
long waves
basic cycles
supercycles
Central and Eastern European countries
JEL: 
B52
D53
G01
G2
L51
P11
P21
P31
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.