Search Results - subject:"financial fragility."

An empirical analysis of Minsky regimes in the US economy

Davis, Leila E.; Souza, João Paulo A. de; Hernández, … - 2017

Persistent link: https://www.econbiz.de/10011914695

Lessons unlearned? : corporate debt in emerging markets

Alfaro, Laura; Asis, Gonzalo; Chari, Anusha; Panizza, Ugo - 2017

Persistent link: https://www.econbiz.de/10011901544

El sistema de bancos sombra y la inestabilidad financiera internacional

Blancas Neria, Andrés; Gómez Lira, Manuel - In: Atlantic review of economics : AROE 2 (2017)

feedback that is transformed into financial fragility and endogenous Minsky-type finance. Shadow banks are the channel of … transmission of international financial fragility and not the securitization and the instruments that emerged from this process …

Persistent link: https://www.econbiz.de/10011890537

A unified Marxist approach to accumulation and crisis in capitalist economies

Basu, Deepankar - 2017

surplus value are problems of insufficient aggregate demand and increased financial fragility. This paper offers a synthetic …

Persistent link: https://www.econbiz.de/10011772045

Pockets of risk in the Belgian mortgage market : evidence from the Household Finance and Consumption Survey (HFCS)

Du Caju, Philip - 2017

This paper complements macroeconomic indicators for macroprudential policy with information from microeconomic survey data from the Household Finance and Consumption Survey (HFCS), to identify pockets of risk in the Belgian mortgage market. It takes into account distributional aspects of debt...

Persistent link: https://www.econbiz.de/10011772130

E many pluribus unum : a behavioural macro-economic agent based model

Tettamanzi, Michele - 2017

financial fragility, measured via the Equity Ratio. Firms are maximizing profit by choosing capital, which can not be raised on …

Persistent link: https://www.econbiz.de/10011776549

Minsky's financial fragility : an empirical analysis of electricity distribution companies in Brazil (2007-15)

Torres Filho, Ernani Teixeira; Martins, Norberto Montani; … - 2017

The present paper applies Hyman P. Minsky's insights on financial fragility in order to analyze the behavior of … the firms operating in this sector into Minskyan risk categories and assess how financial fragility evolved over time, in … each firm and in the sector as a whole. This work adapts Minsky's financial fragility indicators and taxonomy to the …

Persistent link: https://www.econbiz.de/10011737610

Preventing bank runs

Andolfatto, David; Nosal, Ed; Sultanum, Bruno - In: Theoretical economics : TE ; an open access journal in … 12 (2017) 3, pp. 1003-1028

The work of Diamond and Dybvig, 1983 is commonly understood as a theory of bank runs driven by self-fulfilling prophecies. Their contribution may alternatively be interpreted as a theory for preventing these bank runs. Absent aggregate risk over liquidity demand, they show that a simple scheme...

Persistent link: https://www.econbiz.de/10011744046

Aßmuth, Pascal - 2017

approach to business fluctuations: heterogeneous interacting agents, scaling laws and financial fragility, 2005) drives the … results. Firms take credit to finance their production which determines their financial fragility. If their stochastic revenue …

Persistent link: https://www.econbiz.de/10011759236

Financial vulnerability of working adults in Malaysia

Loke, Yiing Jia - In: Contemporary economics 11 (2017) 2, pp. 205-218

Given the high and rising household debt in Malaysia, the objective of this paper is to ascertain the characteristics of a financially vulnerable individual. Financial vulnerability is measured based on two indicators: the debt-to-income ratio and the level of emergency savings for income shock....

Persistent link: https://www.econbiz.de/10011760478