This Forum aims to systematically describe and analyse the evolution of national financial systems within the EU over the past three decades. It analyses the processes of financialisation that have dominated this period as well as the causes and consequences of the financial crisis from the...

The recent revival of Hyman P. Minsky's ideas among policymakers, economists, bankers, financial institutions, and the mass media, synchronized with the increasing gravity of the subprime financial crisis, demands a reappraisal of the meaning and scope of the 'financial instability hypothesis'...

This paper aims to help bridge the gap between theory and fact regarding the so-called 'Minsky moments' by revisiting the 'financial instability hypothesis' (FIH). We limit the analysis to the core of FIH-that is, to its strictly financial part. Our contribution builds on a reexamination of...