Hyman Minsky's financial instability hypothesis and the Greek debt crisis
This article attempts to analyze the current debt crisis in Greece based on the financial instability hypothesis developed by Hyman Minsky. This article shows that the hypothesis provides an understanding of how an economy endogenously becomes “financially fragile” and thus prone to crises. The auth...
| Published in: | Russian Journal of Economics |
|---|---|
| Main Authors: | , |
| Format: | Article |
| Language: | English |
| Published: |
Voprosy Ekonomiki
2015-12-01
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| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405473916000064 |