subprime crisis and instability of global financial markets

Clicks: 162
ID: 228050
2010
Article Quality & Performance Metrics
Overall Quality Improving Quality
0.0 /100
Combines engagement data with AI-assessed academic quality
AI Quality Assessment
Not analyzed
Abstract
In order to prescribe adequate remedies to treat the current financial crisis one has to understand what in the first place went wrong. An age ago, older generations wrote that disease could not be cured without an accurate diagnosis. In contrast to mainstream 'efficient markets hypothesis' we argue that Minsky's financial instability hypothesis gives numerous valuable insights into sources and possible consequences of current global financial crisis. Furthermore, two decades ago Hyman P. Minsky predicted possible developments and perils of ever growing process of securitization of illiquid assets.
Reference Key
ognjen2010panoeconomicussubprime Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors ;Radonjić Ognjen;Zec Miodrag
Journal clinical and experimental pharmacology & physiology
Year 2010
DOI
10.2298/PAN1002209R
URL
Keywords

Citations

No citations found. To add a citation, contact the admin at info@scimatic.org

No comments yet. Be the first to comment on this article.