Financial Instability Hypothesis
GPTKB entity
Statements (28)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:appliesTo |
gptkb:government
credit markets asset bubbles |
| gptkbp:citation |
studies of the 2008 financial crisis
studies of the Great Depression |
| gptkbp:contrastsWith |
gptkb:efficient_market_hypothesis
|
| gptkbp:describes |
cyclical nature of financial markets
|
| gptkbp:emphasizes |
role of financial innovation
role of leverage role of speculative borrowing |
| gptkbp:focusesOn |
financial markets
macroeconomic instability |
| https://www.w3.org/2000/01/rdf-schema#label |
Financial Instability Hypothesis
|
| gptkbp:influenced |
gptkb:post-Keynesian_economics
regulatory policy debates |
| gptkbp:proposedBy |
gptkb:Hyman_Minsky
|
| gptkbp:publishedIn |
gptkb:Journal_of_Post_Keynesian_Economics
John Maynard Keynes Society publications |
| gptkbp:relatedTo |
gptkb:Minsky_moment
economic crisis systemic risk debt cycles |
| gptkbp:requires |
periods of stability lead to riskier financial behavior
financial crises are endogenous to the system risk-taking increases financial fragility |
| gptkbp:bfsParent |
gptkb:Hyman_Minsky
|
| gptkbp:bfsLayer |
5
|