Integration, spurious convergence, and financial fragility: a post-Keynesian interpretation of the Spanish crisis
ABSTRACT The Spanish crisis is generally portrayed as resulting from excessive spending by households associated to a housing bubble and/or an excessive welfare spending beyond the economic possibilities of the country. We put forward a different hypothesis. We argue that the Spanish crisis resulted...
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| Materialtyp: | Artigo |
| Språk: | Inglês |
| Utgiven: |
Centro de Economia Política
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| Serie: | Brazilian Journal of Political Economy |
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| Länkar: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572018000200304&lng=en&tlng=en |
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