characteristic of the three generations of models; 2. Models based on financial instability hypothesis, taking into account both the … dynamics of financial market as well as the role of uncertainty, interdependency and dynamic complexity. We present here Minsky …’s concept of financial instability and then analyse the content of some simplified models. …

characteristic of the three generations of models; 2. Models based on financial instability hypothesis, taking into account both the … dynamics of financial market as well as the role of incertainty, interdependency and dynamic complexity. Here is shown Minsky …’s concept of financial instability and then analized the content of some simplified models. * Articol realizat in cadrul …

and features characteristic of three generations of models; 2. Models based on financial instability hypothesis, taking … into account the dynamics of financial market, as well as the role of uncertainty, interdependency and dynamic complexity …. We present here Minsky’s concept of financial instability and then analyse the content of some simplified models. …

the "financial instability hypothesis" (FIH). We limit the analysis to the core of FIH--that is, to its strictly financial … alternative approach to account for the cyclical fluctuations of financial conditions that endogenously generate instability and …

and scope of the "financial instability hypothesis" (FIH). We argue that we need a broader approach than that … transition from stability to instability. In this paper we aim to contribute to this challenging task by restating the strictly …