A “Minsky crisis” in a Stock-Flow Consistent model

This study uses the Stock-Flow Consistent modelling approach to assess the relevance of Minsky’s demonstration of his financial instability hypothesis. We show that this demonstration, based on the assumption of a pro-cyclical leverage ratio, is incompatible with the Kaleckian analysis of profits en...

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Detalles Bibliográficos

Autor Principal:	Mouakil, Tarik
Formato:	Artigo
Idioma:	Inglês
Publicado:	Association Recherche & Régulation 2014
Assuntos:	Minsky risque crises financières modèles SFC procyclicité ratios financiers financial crises Stock-Flow models riesgo crisis financieras modelos SFC prociclicidad ratios financieros
Acceso en liña:	https://doi.org/10.4000/regulation.10963 https://hdl.handle.net/20.500.13089/jqmp https://journals.openedition.org/regulation/10963
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