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Journals / Ekonomik Yaklaşım / 2009 / Cilt: 20 - Sayı: 73

Financial crisis : Keynes and Minsky

Finansal kriz : Keynes ve Minsky

Ö.Nazende COŞKUN
Pages
1–12
Publication Date
2022-10-18
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

This explanation may help to understand the last global financial crisis that was started in USA housing sector.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study examines the crisis according to Keynes and Minsky.
📊
Key Findings & Data:The first part of the study studies the Keynes view on fluctuations in income and employment .Keynes explains the investment behavior which is the component of aggregate demand with the expectations of the investor.
💡
Conclusion & Impact:This explanation may help to understand the last global financial crisis that was started in USA housing sector.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

This study examines the crisis according to Keynes and Minsky. The first part of the study studies the Keynes view on fluctuations in income and employment .Keynes explains the investment behavior which is the component of aggregate demand with the expectations of the investor. The second part of the study explains the Minsky’s view on financial capitalism and financial instability theorem. Minsky explains the fragility of the economies with the financing structure of investments. This explanation may help to understand the last global financial crisis that was started in USA housing sector.

Özet

Bu çalışma finansal krizleri Keynes ve Minsky’ye göre incelemektedir. Çalışmanın birinci bölümü gelir ve istihdamdaki dalgalanmaları yatırım davranışı ile açıklayan Keynes’in analizine ayrılmıştır. Çalışmanın ikinci bölümünde Minsky’nin finansal istikrarsızlık teorisi incelenmiştir. Minsky’nin finansal istikrarsızlık teorisi ile 2007 yılında ABD de finans sektöründe başlayan ve tüm dünyayı etkileyen, finansal kriz ilişkilendirilmiştir.

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Cite This Article

COŞKUN, Ö. (2022). Financial crisis : Keynes and Minsky. Ekonomik Yaklaşım, Cilt: 20 - Sayı: 73, 1–12. https://ajindex.com/articles/499722

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References (9)

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